368 Flagstaff Road, Berkeley, NSW 2506

$750,000 - $800,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
695 m²
Area

Published on Thursday, October 15, 2026 ( See property details for 368 Flagstaff Road, Berkeley, NSW 2506)

$750,000 - $800,000

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

A versatile three-bedroom home on a substantial corner block in Berkeley, offering exciting renovation or redevelopment opportunities close to Lake Illawarra and local amenities.

🏡 Property Highlights

  • Generous 695sqm corner block offering ample development potential
  • Prime location just a five-minute walk to Lake Illawarra foreshore
  • Ideal for renovation, rebuild, or land subdivision (subject to approvals)
  • Close to local amenities including Coles Berkeley and Illawarra Sports High School
  • Convenient highway access to Wollongong and Sydney
  • Single lock-up garage with additional carport for practical parking

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Floorboards
  • Internal Laundry
  • Close to Amenities
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368 Flagstaff Road
Berkeley, NSW 2506
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Vertical aerial view — 368 Flagstaff Road
368 Flagstaff Road — Vertical Aerial  •  Berkeley, NSW 2506  •  Nearmap © 2026

Berkeley is a well-established suburb offering a relaxed lifestyle with close proximity to Lake Illawarra, excellent local amenities, and convenient access to Wollongong and Sydney. The area features a mix of family-friendly parks, schools, and shopping options, making it ideal for both families and investors seeking future development potential. Its peaceful environment combined with accessibility makes Berkeley a sought-after location for a variety of property pursuits.

What are the renovation possibilities for this property?
The property offers significant renovation potential, allowing for interior updates, layout reconfiguration, or even a complete rebuild, subject to council approvals.
Is the property suitable for a knockdown rebuild?
Yes, the large corner block and location make it ideal for a knockdown rebuild, subject to local council and planning permissions.
What nearby amenities are available?
The property is within walking distance to Lake Illawarra foreshore, Coles Berkeley, and Illawarra Sports High School, with easy highway access to Wollongong and Sydney.
Are there any restrictions or approvals needed for redevelopment?
Any redevelopment or subdivision will require council approval; it is advisable to consult with local planning authorities for specific requirements.
What is the condition of the existing home?
The existing home is a three-bedroom, one-bathroom house suitable for renovation or rebuilding, with potential to add value through updates.
Are there any zoning restrictions or easements affecting the property’s redevelopment potential? Has the property been affected by flooding or bushfire risks in the area? Are there any existing planning or building approvals or restrictions? What are the potential costs involved in renovation or rebuild works? Is there any ongoing or planned nearby construction that could impact the property?

368 Flagstaff Road, Berkeley, NSW 2506 - More Details

$750,000 - $800,000

Presented by Mitchell Ryan and Lettia Gavin of One Agency Elite Property Group

Set on a generous 695sqm corner block in Berkeley, this three-bedroom home presents an exciting opportunity for renovators, builders and buyers looking to create something of their own. Whether you’re ready to undertake a full renovation or explore the potential for a knockdown rebuild, this property offers a blank canvas with plenty of possibilities.

The existing home features three bedrooms, one bathroom and a practical parking arrangement with a single lock-up garage and an additional carport space. Ready for a new lease on life, it provides the opportunity to reimagine the layout, update the interiors and add value over time, subject to any necessary approvals.

Enjoy a convenient lifestyle with Lake Illawarra foreshore just a five-minute walk away, perfect for enjoying the waterfront and surrounding outdoor spaces. Illawarra Sports High School is also within walking distance, while Coles Berkeley is approximately a 10-minute walk away, keeping everyday essentials close at hand.

With convenient highway access connecting you to Wollongong and Sydney, the property combines a well-positioned location with the flexibility of a substantial corner parcel. Whether you’re looking to renovate, rebuild or secure land with future potential, this is an opportunity to unlock the possibilities in an established Berkeley neighbourhood.

- Generous 695sqm corner block
- Three-bedroom house with renovation potential
- One bathroom
- Single lock-up garage plus one carport space
- Approximately five-minute walk to Lake Illawarra foreshore
- Walking distance to Illawarra Sports High School
- Approximately 10-minute walk to Coles Berkeley
- Convenient highway access to Wollongong and Sydney
- Ideal for a full renovation or potential knockdown rebuild, subject to council approval
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
695 m²
House Size
146 m²

Inspections times

  • Inspection Sat 17 Oct 11:30 am

    Saturday 17 October
    11:30 am - 12:00 pm
  • Inspection Sat 17 Oct 1:45 pm

    Saturday 17 October
    1:45 pm - 2:15 pm
Thank you for submitting your reminder request.

Map & nearby places — 368 Flagstaff Road, Berkeley, NSW 2506

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