FOR SALE
$1,200,000

52 The Esplanade
Oak Flats NSW 2529

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 834.7m2
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Prime Development or Renovation Opportunity – Corner Block with Unmatched Location

Are you are looking for your next property project or a rare site to land bank until you're ready? This 834.7m² corner block offers endless possibilities in a Location, that truly speaks for itself.
Situated just across the road from the stunning Lake Illawarra and close to local schools, this is a rare find with immense potential. This property presents a perfect canvas for development or a thoughtful renovation project.
Whether you envision a modern family home, a duplex, or another exciting project, this block's prime positioning and generous size open the door to a variety of possibilities in one of the area's most desirable locations.
Seize this opportunity to create something special in an unbeatable lakeside location.
If you would like more details or to arrange a viewing, you can contact Anton Summerfield at 0435 403 753.
Water: $196.82
Council: $685.91
Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you, we cannot guarantee the accuracy of the information provided by our vendors, and as such, First National Wollongong makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.

Property Details for 52 The Esplanade, Oak Flats

52 The Esplanade, Oak Flats is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 834.7m2. The place is currently for sale with First National Wollongong - Rentals.

Building Type
House
Land Size
834.7m2

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About Oak Flats 2529

The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2011 was 6,310 people. By 2016 the population was 6,377 showing a population growth of 1.1% in the area during that time. The predominant age group in Oak Flats is 50-59 years. Households in Oak Flats are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation. In 2011, 76.4% of the homes in Oak Flats were owner-occupied compared with 75.8% in 2016.

Oak Flats has 3,507 properties. Over the last 5 years, Houses in Oak Flats have seen a 64.33% increase in median value, while Units have seen a 51.86% increase. As at 31 October 2024:

  • The median value for Houses in Oak Flats is $940,513 while the median value for Units is $711,038.
  • Houses have a median rent of $630 while Units have a median rent of $620.
There are currently 13 properties listed for sale, and 12 properties listed for rent in Oak flats on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Oak flats.

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Anton Summerfield
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Leanne Brailey
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First National Wollongong - Rentals
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