5 Karoo Street, Albion Park Rail, NSW, 2527

SoldJul 4, 2025

5 Karoo Street, Albion Park Rail, NSW, 2527

$1,000,000

822 m²

House

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Sold: Jul 4, 2025

What's around 5 Karoo Street

PRIME DEVELOPMENT OPPORTUNITY - 5 KAROO STREET, ALBION PARK RAIL

R3 ZONED - IDEAL FOR DEVELOPMENT Unlock the potential of this exceptional property in the heart of Albion Park Rail! PROPERTY HIGHLIGHTS CURRENT SETUP: • Spacious family home with multiple living areas • 5+ bedrooms across main house and separate accommodations • Well-appointed kitchen with quality finishes • Beautiful in-ground swimming pool • Multiple sheds and storage areas • Caravan parking and covered outdoor entertaining PRIME LOCATION BENEFITS: • Walking distance to Albion Park Rail Train Station - perfect for commuters • Close to Lake Illawarra - enjoy waterfront lifestyle and recreation • Near shops and amenities - convenience at your doorstep • Established residential area with strong growth potential DEVELOPMENT POTENTIAL: • R3 Medium Density Residential Zoning • Large block with excellent street frontage • Multiple existing structures provide flexibility • Potential for townhouses, units, or dual occupancy (STCA) • High-demand area with strong rental and sales market PERFECT FOR: • Developers seeking premium R3 zoned land • Investors looking for future capital growth • Families wanting space and location • Those seeking development potential while enjoying current income The combination of R3 zoning, prime location near transport and Lake Illawarra plus existing improvements makes this a rare find in today's market. *All development subject to council approval. Buyers should conduct their own due diligence regarding development potential. Don't miss this opportunity to secure a prime piece of Albion Park Rail real estate!