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80 Queen Street, Lake Illawarra, NSW 2528 For Sale

80 Queen Street, Lake Illawarra, NSW 2528

$1,150,000 - $1,200,000

House
Type
5
Bedrooms
2
Bathrooms
2
Parkings
607 mΒ²
Area

Published on Tuesday, September 08, 2026 ( See property details for 80 Queen Street, Lake Illawarra, NSW 2528)

$1,150,000 - $1,200,000

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

A versatile dual residence property offering immediate rental income and flexible living options in Lake Illawarra.

🏑 Property Highlights

  • Two freestanding residences on one block, ideal for dual living or investment.
  • Separate street addresses with private access and independently metered utilities.
  • Solid single-level brick home with polished timber flooring at 80 Queen Street.
  • Modern two-bedroom home with open-plan living at 2A Barnes Street.
  • Both homes feature split-system air conditioning and ceiling fans for comfort.
  • Established outdoor areas including verandah, alfresco, and off-street parking.

✨ Key Features

  • Built in robes
  • Air Conditioning
  • Outdoor Area
  • Open-Plan Living
  • Ceiling Fans
  • Secure Parking
  • Built in wardrobes
  • Water tank
  • Internal Laundry
  • Pet-Friendly
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80 Queen Street
Lake Illawarra, NSW 2528
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Vertical aerial view β€” 80 Queen Street
80 Queen Street — Vertical Aerial  •  Lake Illawarra, NSW 2528  •  Nearmap © 2026

Lake Illawarra is a vibrant coastal suburb renowned for its scenic waterways, family-friendly community, and convenient amenities. It offers excellent access to beaches, parks, and local shopping, making it an ideal location for both investors and families. The area boasts strong rental demand and a relaxed lifestyle, complemented by good transport links and local schools.

What is the current rental income potential for this dual residence property?
The property offers immediate rental income from both residences, with potential yields depending on current market rates in Lake Illawarra.
Are there any planning or zoning restrictions for future development on this property?
The property is situated within the local council zoning, which permits dual occupancy; however, it is advisable to consult with the local council for specific development guidelines.
What are the ongoing maintenance costs associated with the properties?
Maintenance costs typically include general upkeep, landscaping, and utility expenses, which vary based on usage and property condition.
Is there any history of flooding or bushfire risk in this area?
Lake Illawarra is generally considered low risk for flooding and bushfires, but it is recommended to review local hazard maps for detailed information.
Are there any upcoming developments or infrastructure projects planned nearby?
Current planning information can be obtained from the Lake Illawarra local council, which may include upgrades to amenities or transport links.
Are there any hidden costs or fees associated with the property, such as strata or council levies? Has the property been inspected for structural issues or pest infestations? Are there any easements, covenants, or zoning restrictions affecting the property? What is the history of utility bills and are there any outstanding payments? Are there any planned developments or construction activities in the vicinity that could impact the property’s value or livability?

80 Queen Street, Lake Illawarra, NSW 2528 - More Details

$1,150,000 - $1,200,000

Offering two freestanding residences on one block, 80 Queen Street and 2A Barnes Street present an outstanding opportunity for investors or families seeking flexible dual living.

Each home has its own street address, private access, outdoor area, and separately metered water and electricity.

80 Queen Street
β€’ Solid single-level brick home
β€’ Three well-sized bedrooms
β€’ Separate living and dining areas
β€’ Polished timber flooring
β€’ Split-system air conditioning and ceiling fans
β€’ Internal laundry
β€’ Front verandah and carport

2A Barnes Street
β€’ Modern single-level two-bedroom home
β€’ Built-in wardrobes to both bedrooms
β€’ Open-plan kitchen and living area
β€’ Modern combined bathroom and laundry
β€’ Split-system air conditioning and ceiling fan
β€’ Covered alfresco area
β€’ Off Street Parking

With two established homes, independent services and immediate rental income, this is a smart and versatile property with strong long-term appeal.

For further information, contact Chase Murray or Madison Sequeira.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
2
Area
607 mΒ²

Map & nearby places — 80 Queen Street, Lake Illawarra, NSW 2528

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