50 Lake Avenue, Cringila, NSW, 2502

Two-In-One Home or Investment on 752sqm

House
Type
6
Bedrooms
2
Bathrooms
1
Parkings

Published on Wednesday, March 04, 2026 ( See property details for 50 Lake Avenue, Cringila, NSW, 2502)

$949,000

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A versatile, dual-level family home with stunning skyline views, spacious low-maintenance backyard, and excellent potential for passive income or future renovation in central Cringila.

🏡 Property Highlights

  • Versatile dual-level layout with up to six bedrooms and 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
  • Excellent investment opportunity with strong rental potential and scope for renovation
  • Prime central Cringila location close to shops, transport, schools, parks, and beaches
  • Additional features include multiple sheds, outdoor toilets, and off-street parking

✨ Key Features

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

Cringila offers a vibrant community with convenient access to shops, transport links, and local amenities. The suburb boasts scenic views, parks, and beaches nearby, making it ideal for families and investors alike. Its central location ensures easy connectivity to Wollongong CBD and surrounding areas, with a relaxed yet lively atmosphere. The area is perfect for those seeking a balanced lifestyle with outdoor activities and urban convenience. Strong rental demand and long-term growth prospects make Cringila a compelling choice for property buyers.

What are the main lifestyle benefits of living in Cringila?
Cringila offers a relaxed community atmosphere with easy access to beaches, parks, local schools, and transport links, making it ideal for families and those seeking outdoor activities and urban convenience.
Is the property suitable for renovation or future development?
Yes, the property has excellent scope for renovation and potential for a rebuild (STCA), offering long-term value growth and customization options.
What are the key features of this dual-level home?
The home features up to six bedrooms, private access to each level, a large low-maintenance backyard with views, multiple sheds, outdoor toilets, and off-street parking.
How is the property currently configured for rental income?
The property has strong rental potential as is, with separate living areas and multiple bedrooms suitable for tenants or extended family arrangements.
What amenities are nearby?
Nearby amenities include shops, cafes, takeaways, parks, a neighbourhood playground, mountain bike park, Cringila Public School, and Wollongong CBD transport options.
Are there any existing planning or zoning restrictions that could affect future renovations or development plans? Have any structural issues or defects been identified in the property, particularly with the sheds or outdoor toilets? Are there any easements, covenants, or land use restrictions on the property? What are the flood or bushfire risks associated with this location? Are there any upcoming construction or development projects in the vicinity that could impact the property’s value or living environment? Is the property compliant with all council and building regulations, especially regarding the dual-level access and outdoor structures? What are the ongoing costs associated with maintaining the outdoor sheds and gardens? Are there any strata or community title considerations, or is it a freehold property? Has the property been tested for environmental issues such as soil stability or contamination? What are the details regarding the existing infrastructure, such as water, sewer, and electricity connections?

50 Lake Avenue, Cringila, NSW, 2502 - More Details

Two-In-One Home or Investment on 752sqm

Type
House
Bedrooms
6
Bathrooms
2
Parkings
1

Interactive Property Floorplan - 50 Lake Avenue, Cringila, NSW, 2502

50 Lake Avenue, Cringila, NSW, 2502
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