27 Addison Avenue

Lake Illawarra NSW 2528

650 m²

House

Currently for sale - view listing

Overview

LAND, LOCATION AND OPPORTUNITY

Presented by Adrian Necovski and CJ Bell-Beasley of One Agency Elite Property Group. Positioned in a highly convenient pocket of Lake Illawarra, this property delivers a rare combination of immediate comfort and long-term upside. Set on a generous 650sqm R3 zoned parcel, it opens the door to a wide range of possibilities for homeowners, investors, or those looking to capitalise on future development potential (STCA). With no adjoining neighbour to one side and a clear rear boundary, the block offers exceptional accessibility that is becoming increasingly hard to find. The existing residence is well-presented and functional, offering a practical layout that makes everyday living easy. A welcoming front living area is enhanced by natural light and a gas point for heating, while the kitchen with electric cooking connects seamlessly to the dining space, creating a comfortable hub for daily life. Accommodation comprises two well-proportioned bedrooms, both featuring floorboards and an abundance of natural light. The bathroom is neatly appointed with a shower and vanity, complemented by the added convenience of a second toilet within the home. Step outside and the true value of this property becomes clear. The expansive backyard provides a blank canvas with endless potential, whether you are considering extending, reconfiguring, or creating an entirely new vision (STCA). The open layout of the land lends itself perfectly to the addition of a granny flat or second dwelling, offering flexibility for extended family living or the opportunity to enhance your return. Key Features Generous 650sqm R3 zoned block with strong development potential (STCA) No neighbouring property on one side, allowing excellent site access Ideal for granny flat or dual occupancy potential (STCA) Well-maintained two-bedroom home with functional layout Light-filled living area with gas point for heating Practical kitchen with electric cooking flowing into dining space Expansive grassed backyard offering scope for extension or pool (STCA) Garage with additional workshop or storage space Approximately 800m to Warilla Grove Shopping Centre and eligible for Low and Mid-Rise Housing Policy Less than 400m to the shores of Lake Illawarra, moments to Reddall Reserve and lakeside amenities