Capturing significant Lake Illawarra and Ocean views from its elevated vantage this monumental 1,254sqm double block with an ideal sunny north-to-rear aspect is conveniently located between the burgeoning cultural hub of Port Kembla and bustling shops of Warrawong, and represents a wealth of opportunity for investors and developers alike.
Previously DA approved in 2015 for the construction of five contemporary townhouses (approval now expired, plans available on request), the property currently features an occupied 1950's brick and tile dwelling. This residence has the potential to be transformed into a charming family home. Alternatively, it offers scope to subdivide (STCA) and maximise returns, or simply land bank and watch your investment grow.
Occupying an extraordinary geographical location amidst spectacular beaches and the majestic waterway of Lake Illawarra, Warrawong Plaza and shops are just 700m away, Coomaditchy Lagoon Reserve is accessed in 750m, and Wentworth Street cafes and eateries are yours to enjoy in 1.2kms.
- 1,254sqm double block screened from the street by established trees
- Optimal north-to-rear aspect with an extra wide northern boundary
- Elevated position captures commanding ocean and Lake Illawarra views
- Past DA approval in 2015 for 5 townhouses (now expired, plans available)
- Existing 1950s 3 bedroom character home with original period details
- Open plan living connects to sunny north facing outdoor entertaining
- Updated kitchen and bathroom, timeless solid timber flooring throughout
- 2 bedrooms include built-in robes, separate laundry, detached garage
- 700m to Warrawong, 1.2kms to Port Kembla, 1.6kms to Beach and Pool
