27 Addison Avenue, Lake Illawarra, NSW 2528

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House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
650 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 27 Addison Avenue, Lake Illawarra, NSW 2528)

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

A versatile two-bedroom home on a large, development-ready block in a prime Lake Illawarra location, offering excellent future potential.

🏡 Property Highlights

  • Generous 650sqm R3 zoned block with development potential (STCA)
  • No neighbour on one side, providing ideal access and privacy
  • Large grassed backyard suitable for extensions or a pool (STCA)
  • Potential to add a granny flat or second dwelling (STCA)
  • Prime location less than 400m from Lake Illawarra waters
  • Within 800m of Warilla Grove Shopping Centre, offering convenience

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Garage
  • Security Screens / Gates
  • Fly Screens
  • Ceiling Fans
  • Waterfront / Views
  • Open-Plan Living

Lake Illawarra is a vibrant coastal suburb renowned for its scenic waterways, outdoor recreational activities, and convenient amenities. Residents enjoy easy access to shopping centres, parks, and the lake itself, making it ideal for families and investors seeking a relaxed yet connected lifestyle. The area offers excellent development prospects with zoning policies supporting future growth, all within close proximity to local schools and transport links.

What are the future development possibilities for this property?
The large 650sqm R3 zoned block offers potential for extensions, a granny flat, or a second dwelling, subject to council approval (STCA).
Is the property suitable for investment or redevelopment?
Yes, the property’s zoning and size make it ideal for redevelopment or investment, with options to add additional dwellings or improve the existing home.
What amenities are nearby?
The property is within 800m of Warilla Grove Shopping Centre, less than 400m from Lake Illawarra, and close to Reddall Reserve and local parks.
What is the condition of the existing home?
The home features a practical layout with two bedrooms, a living room with a gas point for heating, and a functional kitchen with electric cooking.
Are there any restrictions or approvals needed for future modifications?
Any extensions, additions, or new dwellings will require council approval and must comply with local planning policies and zoning regulations.
Are there any existing planning restrictions or easements on the property that could affect future development? Has the property been inspected for structural issues or potential defects? Are there any upcoming council or community plans that could impact the property or its value? What are the total costs involved in potential development or renovations? Is there any history of flooding or bushfire risk in this area? Are there any strata or community title considerations if planning to subdivide or add dwellings? Are there any nearby construction projects or planned developments that could cause noise or disruption? What are the zoning regulations and are there any restrictions on building height or design? Are there any existing easements or rights of way that could limit use of the land? What are the ongoing council rates and potential additional costs for future development?

27 Addison Avenue, Lake Illawarra, NSW 2528 - More Details

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Presented by Adrian Necovski and CJ Bell-Beasley of One Agency Elite Property Group.

Positioned in a highly convenient pocket of Lake Illawarra, this property delivers a rare combination of immediate comfort and long-term upside. Set on a generous 650sqm R3 zoned parcel, it opens the door to a wide range of possibilities for homeowners, investors, or those looking to capitalise on future development potential (STCA). With no adjoining neighbour to one side and a clear rear boundary, the block offers exceptional accessibility that is becoming increasingly hard to find.

The existing residence is well-presented and functional, offering a practical layout that makes everyday living easy. A welcoming front living area is enhanced by natural light and a gas point for heating, while the kitchen with electric cooking connects seamlessly to the dining space, creating a comfortable hub for daily life.

Accommodation comprises two well-proportioned bedrooms, both featuring floorboards and an abundance of natural light. The bathroom is neatly appointed with a shower and vanity, complemented by the added convenience of a second toilet within the home.

Step outside and the true value of this property becomes clear. The expansive backyard provides a blank canvas with endless potential, whether you are considering extending, reconfiguring, or creating an entirely new vision (STCA). The open layout of the land lends itself perfectly to the addition of a granny flat or second dwelling, offering flexibility for extended family living or the opportunity to enhance your return.

Key Features

Generous 650sqm R3 zoned block with strong development potential (STCA)
No neighbouring property on one side, allowing excellent site access
Ideal for granny flat or dual occupancy potential (STCA)
Well-maintained two-bedroom home with functional layout
Light-filled living area with gas point for heating
Practical kitchen with electric cooking flowing into dining space
Expansive grassed backyard offering scope for extension or pool (STCA)
Garage with additional workshop or storage space
Approximately 800m to Warilla Grove Shopping Centre and eligible for Low and Mid-Rise Housing Policy
Less than 400m to the shores of Lake Illawarra, moments to Reddall Reserve and lakeside amenities
Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
650 m²

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