Family Home with Modern Features & Development Potential in Lake Heights NSW

5 Claremont Avenue, Lake Heights, NSW 2502-Image

For Sale

5 Claremont Avenue, Lake Heights, NSW 2502

House

Type

Bedrooms

Bathrooms

Parkings

720 m²

Area

Published on Tuesday, July 14, 2026 ( See property details for 5 Claremont Avenue, Lake Heights, NSW 2502)

Buyer's Guide $999,999

Daniel Frazer - Real Estate Agent - Laurence Morgan - Tarrawanna

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AI Property Insight

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

A charming and versatile two-level family home on a spacious 720m² block, offering modern comfort and redevelopment potential in a peaceful yet central location near Lake Illawarra.

🏡 Property Highlights

Spacious family home with versatile two-level layout
Large 720m² block with redevelopment potential (STCA)
Private setting with lush established gardens and bullnose verandah
Multiple living areas including a media room and open-plan lounge/dining
North-facing undercover deck ideal for entertaining
Excellent location close to schools, shops, parks, and Lake Illawarra

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Ceiling Fans
Garage / Secure Parking
Waterfront / Views
Security Screens / Gates
Fly Screens
Pet-Friendly
Low-Maintenance Yard

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5 Claremont Avenue

Lake Heights, NSW 2502

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Suburb and Property Insights of Lake Heights, NSW 2502

Lake Heights offers a peaceful, family-friendly community with easy access to Lake Illawarra's shores, local parks, and excellent amenities. The suburb features a mix of established homes and redevelopment opportunities, all within close proximity to schools, shopping centres, and transport links, making it an ideal location for families and investors alike.

Frequently Asked Questions

What is the layout and size of the property?

The property is a well-appointed two-level family residence spanning 720m², featuring multiple living areas including an open-plan lounge/dining and a separate media room.

What are the key features of the home?

The home includes built-in robes, ceiling fans, security screens, an entertainer's deck, and a double garage, providing modern comfort and convenience.

Is the property suitable for redevelopment?

Yes, the property has a 18m frontage and is in an R2 Zone, offering redevelopment potential subject to council approval.

What is the current rental income and lease expiry?

The property is currently leased for $750 weekly, with the lease expiring in February 2027.

How close is the property to local amenities?

It is less than 100m from the Wollongong bus stop, and within walking distance to lakeside parks, shops, and beaches including Port Kembla Beach.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could affect redevelopment or renovations? Are there any known issues with the property's structure, foundation, or services? What are the total outgoings, including council rates and strata fees if applicable? Is the property located in a flood or bushfire-prone area? Are there any easements, covenants, or planning overlays affecting the property? Are there any upcoming developments or construction projects nearby that could impact the property? Has the property been inspected for pests or environmental hazards? Are there any restrictions on pet ownership or outdoor activities? What are the details regarding the existing lease, and are there any conditions or restrictions? Is there any history of flooding or drainage issues on the property?

5 Claremont Avenue, Lake Heights, NSW 2502 - More Details

Buyer's Guide $999,999

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2
Area: 720 m²

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