25 Lake Heights Road, Lake Heights, NSW, 2502

SoldJun 27, 2022

25 Lake Heights Road, Lake Heights, NSW, 2502

$845,000

777 m²

House

•

26 days on the market

Sold: Jun 27, 2022

What's around 25 Lake Heights Road

Terrific Investment Opportunity – Three Homes in One

Double brick built and ready to earn, this unique property functions effectively as your very own 'unit block' on a boutique scale. Boasting a gorgeous rear view to the ocean, it enjoys strong versatility with two spacious apartments occupying an entire floor each, a separate cosy studio, and private front-door entry to all three residences. This brilliant address comes complete with further potential to add another dwelling in the generous backyard (STCA), and superb convenience for families, couples and singles alike close to transport links, local schools and the Lake Illawarra foreshore. - Easily managed investment with multiple income streams under one roof - Potential rental income in the vicinity of $950 per week in total - Three-bedroom apartment at street level offers a lounge plus eat-in kitchen - Lower level two-bedroom apartment with dedicated living and dining - Compact top-floor studio features a bright, open design with kitchenette - High ceilings throughout, neat bathrooms, communal laundry facilities - Concrete parking areas plus side driveway to large east-facing backyard - Sought-after setting in a quiet street steps to sports fields, Wollongong bus - Minutes' driving distance to lake's edge, beaches and Warrawong Plaza