SOLD
Sold on 11 Nov 2023 for $997,500

262 Northcliffe Drive
Lake Heights NSW 2502

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 133m2
Land area: 588m2
Sold By
Ibrahim Yaghmour
Bay Property Agents
Nicole Cameron
Bay Property Agents
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Property Details for 262 Northcliffe Dr, Lake Heights

262 Northcliffe Dr, Lake Heights is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1953. The property has a land size of 588m2 and floor size of 133m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Lake Heights in the last 12 months.

Building Type
House
Year Built
1953
Floor Size
133m2
Land Size
588m2
Local Government
Wollongong
Lot/Plan
60/DP15174

Last Listing description (January 2024)

Turn key and enjoy this recently renovated property that is perfectly positioned to capture the entire view of the Lake and all that Lake Illawarra has to offer.

With never to be interrupted water and mountain views due to council land in front of the property this is truely a once in a lifetime opportunity.

Sit on the balcony, dining or the multiple living areas and marvel over the spectacular, uninterrupted views across Lake Illawarra.

This fully renovated four-bedroom brick veneer home offers:

- New 1200x600 tiled flooring throughout
- New kitchen with new cooking appliances & a 40mm stone bench-top
- New modern bathroom features a shower and bath
- New toilet which is seperate to the bathroom
- New laundry with tiles to ceiling
- New balcony tiles and glass balustrade
- New blinds
- New lighting and electrical throughout

The front balcony spans 12m wide approximately and is perfect for entertaining and taking in the views.

There are three bedrooms with built in robes and the fourth bedroom is ideal for use as a home office or study.

Entertain on the north-facing rear covered patio that overlooks the sun-drenched yard providing additional entertainment areas regardless of the weather as well as lovely mountain views.

A large double lock-up garage with storage and workshop area completes this spacious family home.

Set on the high side of the street, you'll enjoy spending your days relaxing on the front balcony while watching all the water activities taking place on Lake Illawarra.

The breathtaking views include Lake Illawarra to the south and the mountains to the north.

Situated directly across from parks and miles of bike and walking paths along the shores of the lake.

It is just a short stroll to local schools, yacht club, transport and shopping at Warrawong Plaza.

INVESTMENT OPPORTUNITY:
As an investment this property is turn key without a dollar to spare ready to rent out to a long term tennant or an AIR-BNB service.

DISCLAIMER: The information contained herein has been provided by our Principal and third parties, which we merely pass on without any representation or warranty given, intended or implied by us as to its correctness and with no liability accepted by us in this regard. You must rely upon your own inquiries as to its accuracy or otherwise.

Property History for 262 Northcliffe Dr, Lake Heights, NSW 2502

A timeline of how this property has performed in the market
Last Sold
$997,500
11 Nov 2023
Listed for Rent
$750/w
09 Nov 2023
  • 11 Nov 2023
    Sold for $997,500
  • 31 Oct 2023
    Listed for Rent $750 / week
  • 21 Jun 2023
    Listed for Sale $1,100,000 - $1,200,000
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About Lake Heights 2502

The size of Lake Heights is approximately 1.6 square kilometres. It has 11 parks covering nearly 11.8% of total area. The population of Lake Heights in 2011 was 3,260 people. By 2016 the population was 3,853 showing a population growth of 18.2% in the area during that time. The predominant age group in Lake Heights is 0-9 years. Households in Lake Heights are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lake Heights work in a trades occupation. In 2011, 74% of the homes in Lake Heights were owner-occupied compared with 69.8% in 2016.

Lake Heights has 1,848 properties. Over the last 5 years, Houses in Lake Heights have seen a 66.05% increase in median value, while Units have seen a 48.72% increase. As at 31 October 2024:

  • The median value for Houses in Lake Heights is $822,810 while the median value for Units is $689,816.
  • Houses have a median rent of $625 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and 1 property listed for rent in Lake heights on OnTheHouse. According to CoreLogic's data, 60 properties were sold in the past 12 months in Lake heights.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.