OFF MARKET

38 Addison Avenue
Lake Illawarra NSW 2528

Bedrooms: 3
Bathrooms: 5
Car spaces: 3
Floor area: 202m2
Land area: 664m2
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Last updated 9 Sep 2024
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Property Details for 38 Addison Ave, Lake Illawarra

38 Addison Ave, Lake Illawarra is a 3 bedroom, 5 bathroom Unit with 3 parking spaces and was built in 1990. The property has a land size of 664m2 and floor size of 202m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
1990
Floor Size
202m2
Land Size
664m2
Local Government
Shellharbour
Lot/Plan
75/DP24325

Last Listing description (September 2021)

38 Addison Avenue, Lake Illawarra

ICONS: 5 BED, 3 BATH, 2 CAR


Optimised for Easy Dual Living

First Class Real Estate Shellharbour Village is proud to present this tailor-made opportunity for the multi-generational household or investor, with two spacious freestanding homes on one title.

Welcome to 38 Addison Avenue, Lake Illawarra.

Whether you're seeking the perfect blend of privacy and togetherness for your big family or a prized two-for-one portfolio addition, this exciting property ticks all the right boxes. Solidly brick-built, both the three-bedroom townhouse to the rear and the separate two-bedroom villa are wonderfully comfortable in design and ready to enjoy immediately.

Boasting a fresh, low-maintenance finish, the tranquil townhouse is offered complete with air-conditioning, modern floating floors, excellent robe storage and a huge lock-up garage. Be delighted by the additional flexibility of a self-contained lower level ideal for a dependent parent or a fantastic retreat space for an older teen.

The villa displays open-plan interiors, a neat bathroom with tub, a bonus study with built-in desk and its own single garage. Options abound for the savvy investor, forward-thinking family or retiree, with total rent potential of $XXX per week ($XXX for the townhouse, $XXX for the villa) in a premier lifestyle locale just two blocks from the lake foreshore and minutes to parks, sandy surf beaches, Lake Illawarra South Public School and Warilla shops.

Call David Camilleri at First Class Real Estate Shellharbour Village to book your viewing. (Note: inspections by appointment) PH 0437599002


General Features
? Property Type: Townhouse Plus Villa
? Bedrooms: 5
? Bathrooms: 3
? Size:

Indoor Features
? Gas Cooking
? Stone Benchtops
? Dishwasher
? Built-In Robes
? Air-Conditioning

Outdoor Features
? Balcony
? Private Backyard
? Garages

Property History for 38 Addison Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$1,025,000
01 Jul 2021
  • 01 Jul 2021
    Sold for $1,025,000
  • 06 Nov 2018
    Listed for Sale $1,250,000 $1,250,000
  • 16 May 2018
    Sold

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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 2,016 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 67.42% increase in median value, while Units have seen a 47.53% increase. As at 31 August 2024:

  • The median value for Houses in Lake Illawarra is $854,696 while the median value for Units is $627,054.
  • Houses have a median rent of $570 while Units have a median rent of $515.
There are currently 9 properties listed for sale, and 13 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Lake illawarra.

Suburb Insights for Lake Illawarra 2528

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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.