63 Pur Pur Avenue, Lake Illawarra, NSW 2528

$3,250,000

Block Of Units
Type
12
Bedrooms
6
Bathrooms
6
Parkings
1,038 m²
Area

Last updated on Tuesday, September 15, 2026 ( See property details for 63 Pur Pur Avenue, Lake Illawarra, NSW 2528)

$3,250,000

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

An exceptional opportunity to acquire a fully strata-titled block of six two-bedroom units in a high-growth coastal suburb with strong rental income and future development potential.

🏡 Property Highlights

  • Fully strata-titled block of six two-bedroom units in one line
  • Immediate income with a rental return of $109,720 per annum
  • Generous 1,038m² parcel offering long-term landbanking potential
  • Prime location within walking distance to Lake Illawarra foreshore and Reddall Reserve
  • Convenient off-street parking including five carports and one lock-up garage
  • Rare opportunity to acquire entire strata-titled units in the Illawarra area

✨ Key Features

  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Internal Laundry
  • Balcony
  • Pet-Friendly
  • Low-Maintenance Yard
  • NBN / High-Speed Ready

Lake Illawarra is a vibrant coastal suburb renowned for its scenic foreshore, outdoor recreational activities, and strong community vibe. It offers excellent connectivity to local shops, beaches, and surrounding suburbs, making it an ideal location for both investors and residents. The area is experiencing significant growth, supported by its proximity to natural attractions and infrastructure. With a relaxed lifestyle and high demand for rental properties, Lake Illawarra presents a compelling opportunity for long-term capital growth and steady income. The local council actively supports development, ensuring ongoing enhancement of the neighbourhood’s appeal.

What is the current rental income and potential for future growth?
The property currently generates a rental income of $109,720 per annum, with strong potential for future growth due to the high-demand coastal location and ongoing development in the area.
Are there any restrictions or strata fees associated with the units?
As fully strata-titled units, there are strata management arrangements in place, with associated fees. Details can be obtained from the strata plan and management company.
What are the zoning and development restrictions for this property?
The property is zoned for residential use within the local council’s planning scheme. Specific development restrictions or potential for future redevelopment should be confirmed with the local council.
Is there any building or pest inspection report available?
Yes, a Building & Pest report is available upon request to assist in your due diligence process.
What are the nearby amenities and transport options?
The property is within walking distance to Reddall Reserve, Lake Illawarra foreshore, local shops, beaches, and has easy access to Windang Road, connecting to surrounding suburbs and transport links.
Are there any upcoming or planned developments in the area that could affect the property's value or livability? What are the total strata fees and are there any special levies or upcoming maintenance costs? Are there any easements, zoning restrictions, or covenants that could limit future use or development? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any existing or pending disputes within the strata scheme or with neighbors? What are the long-term plans for infrastructure or community facilities in the area? Is there any history of structural issues or repairs needed for the units? Are there any restrictions on pet ownership within the strata scheme? What are the total costs involved in purchasing, including stamp duty, legal fees, and strata levies? Is the property compliant with all local building codes and regulations?

63 Pur Pur Avenue, Lake Illawarra, NSW 2528 - More Details

$3,250,000

An exceptionally rare opportunity to secure an entire block of six fully strata-titled two-bedroom units in one line, offering immediate income with significant long-term upside.

The property offers investors multiple exit strategies, including holding for strong rental returns, selling individual units in the future, or long-term landbanking on a generous 1,038m² parcel in a high-growth coastal corridor.

The complex includes five carports and one lock-up garage, providing convenient off-street parking for tenants.

Ideally located within walking distance to Reddall Reserve and the foreshore of Lake Illawarra, while also offering easy access to Windang Road, connecting quickly to local shops, beaches and surrounding suburbs.

Opportunities to secure entire blocks of strata-titled units in the Illawarra area are extremely rare, making this a compelling addition to any serious property portfolio.

Important Numbers:
Council Rates: $2868 per quarter
Water Rates: $1224.78 per quarter
Rental Return: $109,720 per annum

Building & Pest report available on request.

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interest party should undertake their own inquiries as to the accuracy of the information published.
Type
Block Of Units
Bedrooms
12
Bathrooms
6
Parkings
6
Area
1,038 m²

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