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50 Lake Ave, Cringila, NSW 2502

$949,000

House

Type

Bedrooms

Bathrooms

Parkings

752 m²

Area

Last updated on Wednesday, June 10, 2026 ( See property details for 50 Lake Ave, Cringila, NSW 2502)

$949,000

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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 versatile six-bedroom family home with stunning skyline views, spacious low-maintenance backyard, and excellent potential for passive income or future redevelopment in central Cringila.

🏡 Property Highlights

Versatile six-bedroom layout with private access to each level
Outstanding skyline views of steelworks from the top of the block
Large, low-maintenance terraced backyard with expansive entertaining areas
Potential for passive income or redevelopment (STCA)
Excellent location with shops, transport, schools, parks, and beaches nearby
Separate living spaces including two kitchens and multiple bedrooms

✨ Key Features

Built-in Robes
Outdoor Area
Open-Plan Living
Waterfront / Views
Garage
Outdoor Area / Balcony
Ceiling Fans
Extra Storage (Shed/Linen)
Internal Laundry
Pet-Friendly

Suburb and Property Insights of Cringila, NSW 2502

Cringila offers a vibrant community with convenient access to shops, transport links, and local amenities. The area boasts beautiful parks, beaches, and recreational facilities, making it ideal for families and investors seeking a central location with outstanding long-term growth potential. Residents enjoy a relaxed lifestyle with easy access to Wollongong CBD and scenic coastal attractions.

Frequently Asked Questions

What is the current condition of the property and are there any renovation needs?

The property is well-maintained with potential for renovation and value-adding improvements, offering scope for modern updates or redevelopment (STCA).

What are the zoning and planning restrictions for redevelopment or extensions?

Rebuild or extension options are subject to council approval (STCA); it is recommended to seek independent planning advice for specific development plans.

Are there any known issues with the property such as structural defects or pests?

There are no publicly reported issues; a professional building inspection is advised prior to purchase.

What are the ongoing costs associated with the property, including council rates and maintenance?

Ongoing costs include council rates, utilities, and maintenance; specific figures can be obtained from local council or the current owner.

Is the property suitable for rental income, and what is the rental yield potential?

The property has strong rental potential as-is, with scope to increase income through renovations or reconfiguration, making it attractive for investors.

What to ask about this property to agent?

Are there any easements, covenants, or zoning restrictions that could affect future development or use? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any outstanding council or utility bills, or compliance issues? What are the planning restrictions or overlays that might impact renovation or subdivision? Are there any upcoming developments or construction projects nearby that could affect the property’s value or lifestyle?

50 Lake Ave, Cringila, NSW 2502 - More Details

$949,000

Type: House
Bedrooms: 6
Bathrooms: 2
Parkings: 1
Area: 752 m²

50 Lake Ave, Cringila, NSW 2502 - Point Of Interest

Locate Near By Places of 50 Lake Ave, Cringila, NSW 2502 On Map

Your Commute at a Glance: 50 Lake Ave, Cringila, NSW 2502

Email Enquiry To Laurence Morgan - Tarrawanna

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50 Lake Ave, Cringila, NSW 2502

$949,000

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