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18 Denise Street, Lake Heights, NSW 2502 For Sale
18 Denise Street, Lake Heights, NSW 2502 18 Denise Street, Lake Heights, NSW 2502-Image 18 Denise Street, Lake Heights, NSW 2502-Image 18 Denise Street, Lake Heights, NSW 2502-Image 18 Denise Street, Lake Heights, NSW 2502-Image 18 Denise Street, Lake Heights, NSW 2502-Image 18 Denise Street, Lake Heights, NSW 2502-Image 18 Denise Street, Lake Heights, NSW 2502-Floorplan

18 Denise Street, Lake Heights, NSW 2502

Expressions Of Interest

Block Of Units
Type
5
Bedrooms
2
Bathrooms
3
Parkings
548 m²
Area

Published on Monday, September 07, 2026 ( See property details for 18 Denise Street, Lake Heights, NSW 2502)

Expressions Of Interest

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-living property with two self-contained flats on a spacious 548m² block, offering excellent investment and lifestyle options in Lake Heights.

🏡 Property Highlights

  • Dual self-contained flats offering multiple income streams
  • Solid double-storey brick construction for durability
  • Prime location near Lake Illawarra Foreshore and Port Kembla Beach
  • Potential rental income of approximately $65,000 per annum
  • Flexible dual-living or investment opportunity
  • Close proximity to Wollongong CBD, University, and hospitals

✨ Key Features

  • Solid double-storey brick construction
  • 2 bedrooms
  • 3 bedrooms
  • Parking for multiple vehicles
  • Approx. 548m² block of land
  • Home office/Business opportunity
  • Dual income potential
  • Self-contained flats
  • Close to public transport
  • Near schools, shops, and parks

Lake Heights is a sought-after lakeside suburb offering a relaxed lifestyle with scenic views and easy access to the Lake Illawarra Foreshore. Residents enjoy proximity to beaches, parks, and local amenities, making it ideal for families and investors alike. The area boasts excellent transport links to Wollongong CBD and beyond, with a vibrant community atmosphere and convenient shopping, dining, and recreational facilities.

What is the current rental income potential for this property?
The property has an estimated rental income of approximately $65,000 per annum, based on current market conditions.
Are there any restrictions or approvals needed for dual-living or investment use?
Potential buyers should verify with local council regarding any planning permissions or restrictions related to dual-living or investment purposes.
What are the maintenance requirements for the brick construction?
Brick construction generally requires minimal maintenance, primarily regular inspections and cleaning to ensure longevity and appearance.
Is there scope for future development or expansion on the property?
The 548m² block offers potential for future development or extensions, subject to council approval.
What are the nearby amenities and transport options?
The property is conveniently located near Lake Illawarra Foreshore, schools, shops, cafes, parks, and public transport, with easy access to the M1 Motorway.
Are there any existing planning restrictions or easements on the property that could affect future development? Has the property been inspected for any structural issues or required repairs? Are there any ongoing or upcoming local council developments or planning activities in the area? What are the strata or body corporate fees, if applicable? Is there any history of flooding or bushfire risk in this area? Are there any hidden costs associated with the property, such as maintenance or council rates? Are there any restrictions on the use of the home office or business operations? Has the property been recently renovated or updated, and are there any warranties? Are there any noise or nuisance issues from neighboring properties? What are the zoning regulations and potential for future subdivision or development?

18 Denise Street, Lake Heights, NSW 2502 - More Details

Expressions Of Interest

Elders Real Estate Wollongong is proud to present this exciting dual investment opportunity, comprising two self-contained flats positioned on an approximately 548m² block.

Offering a combination of solid double-storey brick construction and two separate flats, this property presents an excellent opportunity for investors seeking multiple income streams from the one property, or buyers looking for flexible dual-living options.

Property features
- Solid double-storey brick construction
- 1 x three-bedroom
- 1 x two-bedroom
- Parking for multiple vehicles
- Approx. 548m² block of land
- Excellent dual-income investment
- Home office/Business opportunity
- Potential rent $65,000 per annum
- Please Note - Images have been decluttered and contain digital furniture

Conveniently positioned within an established lake side suburb, with a stroll to Lake Illawarra Foreshore, while enjoying the convenience of being just minutes from Warrawong Plaza, bulky goods retail precincts, Port Kembla Harbour, and the renowned Port Kembla Beach. You'll also appreciate the close proximity to local schools, shops, cafés, parks, and public transport.

Located just 15 minutes (approx.) from Wollongong CBD, the University of Wollongong, Innovation Campus, and both public and private hospitals, this home also offers easy access to the M1 Motorway, placing Sydney CBD and Sydney Airport just over an hour away.

Whether you're looking to expand your investment portfolio, secure a property with two potential income streams, or explore a flexible dual-living opportunity, this property is certainly one to inspect.

Contact Elders Real Estate Wollongong today to arrange your private inspection.
Type
Block Of Units
Bedrooms
5
Bathrooms
2
Parkings
3
Area
548 m²

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