New to Market
agency logo

85 Koona Street, Albion Park Rail NSW 2527

Other
533
Block size: 721 m² approx.

New to Market

Tucked away in nature's soothing embrace, where the stillness of the lake creates a sense of tranquillity, awaits an opportunity that speaks to your dreams, a lakefront retreat hinting at potential and possibility.

Imagine waking up each morning to the soft caress of sunlight painting the waters in hues of gold, a scene of natural beauty unfolding right outside your window. This isn't just another property; it's a canvas awaiting your creative touch. A haven that currently features three units, each brimming with untapped potential.

Enter this realm where investment meets calm, where the current combined rent of $59,540 offers a foundation of financial stability. With three tenancies already in place, each unit becomes a stepping stone on your path to prosperity, ensuring a steady income as you embrace the possibilities of future lakeside living.

Variety is the defining feature of this property. Unit 1 provides a snug one-bedroom retreat, ideal for solitary contemplation. On the other hand, Units 2 and 3 offer room for growth, boasting two bedrooms in each. While they may require some refurbishment, each unit holds the potential for enhanced comfort and satisfaction once renovated.

Envision stepping onto the property, feeling the calm presence of the lake nearby. It's not just about access-it's about embracing a lifestyle where every moment exudes the tranquillity of lakeside living, offering a sense of renewal and peace.

Looking forward, there's a world of potential awaiting your vision, with a spacious 721sqm of land waiting to be shaped. Here, amidst the gentle rustle of the wind and the quiet beauty of the lake, lies the opportunity for future development (STCA), limited only by your creativity and ambition.

In a market where waterfront properties are rare finds, this exclusive opportunity stands as a beacon of potential. A property with promise, waiting for its true potential to be unlocked. Don't let this opportunity slip away. Contact us today to begin turning your lakefront dreams into reality. After all, they say waterfront properties are hard to come by-so why not take the chance to prove them wrong?

Water Rates: $514.23 per quarter (approx.)
Council Rates: $1,014.69 per quarter (approx.)

If you would like to follow this listing or make an offer, please follow the link below:

https://buy.realtair.com/properties/133010

For further information, please call or email Adam Martin & Team
Features
  • Allocated Car Spaces

Inspections

Saturday, 6 Jul10:30am - 10:50am
Can't inspect in person?

Contact Adam Martin & Team to enquire about this property including alternatives to in-person inspections.

Key details

Bedrooms:
5
Bathrooms:
3
Parking:
3
Property type:
Other
Block Size:
721 *

Other Details

Lot:
3
Section:
H
Plan Type:
DP
Plan:
11034
Legal description:
3/H/11034
MMJ South
Next Inspection:

Maps and area information

Block information
Block size: 721 (approx)
Legal description: 3/H/11034
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

What's nearby

Oak Flats Primary SchoolPrimary School
1.4km
Corpus Christi Catholic High SchoolHigh School
1.6km
Shellharbour HospitalHospital
3.5km
Stockland Shellharbour Shopping CentreMajor Shopping Centre
3.5km
Sule College Illawarra CampusCollege
5.8km
Post OfficePost Office
0.6km

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
24 Jan 2018
Sold
$930,000
Contract: 12/12/2017
Transfer: 24/01/2018
Block size: 721m²
Transfer type: Full transfer
Purpose: Residence
22 Dec 2009
Sold
$425,000
Contract: 10/12/2009
Transfer: 22/12/2009
Block size: 721m²
Transfer type: Full transfer
Purpose: Residence

Albion Park Rail suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
43 years
Population
6,920
Listing ID: 182578140. This listing has been viewed 43 times. It was first displayed on 05/06/2024 and last updated on 01/07/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.