SoldMay 20, 2025

77 Parkes Street, Oak Flats, NSW, 2529

$1,040,000

3
1
1
697 m²

House

30+ days on the market

Sold: May 20, 2025

What's around 77 Parkes Street

Prime Development Opportunity in Oak Flats!

Another SOLD by Right Choice, make us your choice... 697m² Flat Block with DA Approval for 3 Townhouses! An incredible opportunity awaits with this perfectly positioned property, offering both immediate rental income and exceptional future development potential. Whether you're an investor, builder, or developer, this site provides a rare chance to capitalise on a premium location. Key Features: - DA approved for 3 townhouses – Save time and costs with approvals already in place - Flat 697m² block – Ideal for an easy build with minimal site preparation - Existing 3-bedroom home – Currently leased for $750 per week, providing immediate cash flow - Walking distance to Lake Illawarra’s scenic foreshore and Oak Flats town centre - Close to Oak Flats Train Station, major shopping centres, schools and transport links - Strong rental demand & capital growth potential - Develop now, land bank for the future, or renovate the existing home This is an unmissable opportunity in a high-growth suburb, offering lifestyle and convenience in one of the Illawarra’s most sought-after locations. Secure this exceptional investment or development opportunity today! ***Available 7 Days by Appointment*** - For more detailed information please call the Sales Team at Right Choice Real Estate

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