FOR SALE
Price Guide $695,000

1/33 Reddall Parade
Lake Illawarra NSW 2528

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Lakeside Living at Its Best - Renovated Two-Bedroom Gem

This charming and fully renovated two-bedroom flat is a perfect choice for anyone seeking a relaxed lakeside lifestyle or a lucrative addition to their investment portfolio. From the moment you step inside, you'll be greeted by a warm, light-filled open-plan living area that seamlessly combines the lounge, dining, and kitchen spaces. The lounge opens onto a cozy porch where you can sip your morning coffee or simply take in the serene ambiance of the lake. Practicality meets convenience with a single covered car space located at the rear of the complex, while the communal laundry facilities provide added ease for day-to-day living.
Nestled directly across from the Lake Illawarra foreshore, the location is truly unbeatable. Imagine starting your day with peaceful walks along the water, spending afternoons relaxing at nearby beaches, and enjoying vibrant evenings at local clubs. You'll also appreciate the short stroll to delightful cafes and restaurants, with major shopping centers just a quick drive away, offering everything you need at your fingertips.
• 2 spacious bedrooms
• 1 modern bathroom
• Prime location opposite Lake Illawarra's picturesque foreshore
• Walking distance to local cafes and eateries
• Single covered car space for easy parking
• Private porch with tranquil lake views
• Attractive current rental return of $500 per week
This property is more than a home; it's a lifestyle. Whether you're looking to unwind, explore, or invest, this unit is the ideal choice. Don't miss the opportunity to make it yours-contact us today for more information!

Property Details for 1/33 Reddall Pde, Lake Illawarra

1/33 Reddall Pde, Lake Illawarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Shellharbour City.

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About Lake Illawarra 2528

The size of Lake Illawarra is approximately 2.1 square kilometres. It has 11 parks covering nearly 24% of total area. The population of Lake Illawarra in 2011 was 3,087 people. By 2016 the population was 3,167 showing a population growth of 2.6% in the area during that time. The predominant age group in Lake Illawarra is 50-59 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation. In 2011, 46% of the homes in Lake Illawarra were owner-occupied compared with 46.8% in 2016.

Lake Illawarra has 2,017 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 67.71% increase in median value, while Units have seen a 58.74% increase. As at 30 November 2024:

  • The median value for Houses in Lake Illawarra is $879,554 while the median value for Units is $676,797.
  • Houses have a median rent of $583 while Units have a median rent of $540.
There are currently 6 properties listed for sale, and 8 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 104 properties were sold in the past 12 months in Lake illawarra.

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Amanda Bonnici
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Inde Bonnici
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Ray White Shellharbour City
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