61 Mirrabooka Road, Lake Heights, NSW 2502-Image

For Sale

61 Mirrabooka Road, Lake Heights, NSW 2502

61 Mirrabooka Road, Lake Heights, NSW 2502

Price Guide | $1,000,000

House

Type

Bedrooms

Bathrooms

Parkings

Last updated on Monday, April 27, 2026 ( See property details for 61 Mirrabooka Road, Lake Heights, NSW 2502)

Price Guide | $1,000,000

Louie Piculovski - Real Estate Agent - The Agency | Illawarra

Louie Piculovski Property Partner

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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.

An exceptional dual-income investment opportunity with development potential on a generous block in Lake Heights, NSW.

🏡 Property Highlights

Established dual-income property with long-term tenants
Potential to add a 2-bedroom granny flat (STCA)
Expired leases offering immediate rental review opportunities
Generous block with development upside
Ideal for investors seeking value-add and increased yields
Two self-contained 2-bedroom units upstairs and downstairs

✨ Key Features

Dual Living
Open-Plan Living
Waterfront / Views
Open-Plan Living
Extra Storage (Shed/Linen)
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Pet-Friendly
Outdoor Area / Balcony

Suburb and Property Insights of Lake Heights, NSW 2502

Lake Heights is a vibrant suburb offering excellent investment prospects with a strong rental market, convenient access to local amenities, and growth potential. The area is known for its community atmosphere, proximity to schools and parks, and ongoing development projects that enhance its appeal for both tenants and investors. With a mix of established homes and future growth opportunities, Lake Heights presents a compelling location for property investment. Key points include its affordability, strong rental demand, strategic location, community facilities, and development prospects.

Frequently Asked Questions

What are the current rental incomes for the two units, and when are the leases due for renewal?

The two units are currently occupied by long-term tenants with expired leases, providing an opportunity for rental review and potential increase upon renewal.

What is the process and likelihood of obtaining council approval for building a granny flat (STCA)?

Council approval for the granny flat is subject to local planning regulations and approval processes, which can typically be confirmed through a pre-application consultation with the local council.

Are there any known zoning restrictions or easements affecting the property’s development potential?

Zoning restrictions and easements can impact development plans; a detailed property report or consultation with the local council is recommended to confirm any limitations.

What are the ongoing costs associated with the property, including council rates, strata fees (if applicable), and maintenance?

Ongoing costs include council rates, potential maintenance expenses, and any applicable fees; specific figures can be obtained from the current owner or property manager.

Are there any planned developments or infrastructure projects in the area that could affect the property’s value or livability?

Potential developments or infrastructure projects should be checked with local planning authorities to assess their impact on the area’s future growth and property value.

What to ask about this property to agent?

Are there any hidden costs or upcoming maintenance issues associated with the property? Has the property been inspected for structural issues or pest infestations? Are there any restrictions or covenants on the property that could limit development or renovations? Is there any history of flooding or bushfire risk in the area? Are there any existing planning or zoning restrictions that could prevent the construction of the granny flat? What are the total costs involved in obtaining council approval for the granny flat (STCA)? Are there any nearby construction projects or developments that could impact the property’s value or livability? Is the property compliant with all local building codes and regulations? Are there any easements or rights of way that could affect the use of the land? What are the long-term prospects for rental demand and property appreciation in Lake Heights?

61 Mirrabooka Road, Lake Heights, NSW 2502 - More Details

Price Guide | $1,000,000

Type: House
Bedrooms: 4
Bathrooms: 2
Parkings: 1

61 Mirrabooka Road, Lake Heights, NSW 2502 - Point Of Interest

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Your Commute at a Glance: 61 Mirrabooka Road, Lake Heights, NSW 2502

Email Enquiry To The Agency | Illawarra

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61 Mirrabooka Road, Lake Heights, NSW 2502

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