71 Reddall ParadeLake Illawarra NSW 2528
Property Details for 71 Reddall Pde, Lake Illawarra
71 Reddall Pde, Lake Illawarra is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1150m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Lake Illawarra in the last 12 months.
Last Listing description (November 2024)
Presented by Sam Neill and Brendan Mitrovski of One Agency Elite Property Group.
Facing north-east opposite Pelican Park and the calm inlet waters, and boasting coveted R3 zoning, this fantastic lifestyle property abounds with potential.
Already comfortable and full of charm with timber floorboards, multiple living areas and tranquil rear entertaining, the single-storey home presently occupying the site provides a spacious family retreat. Gas cooking and hot water, a dishwasher in the big kitchen, a master ensuite and a cosy wood-fuelled fireplace create a rich canvas for your vision.
Outside youll find a level backyard with versatile workshop, storage and garage options. Theres certainly plenty to keep you busy here, with the added freedom of maximising the lot and capitalising on the locale via dual-occupancy redevelopment (STCA), either now or later.
Nestled at the eastern gateway of the Lake Illawarra precinct, mere footsteps from playgrounds, the new Reddall Reserve promenade and the north end of Warilla Beach and approx. 20-25 minutes from Wollongong CBD, this is a very exciting offering with scope to be just as special as its position-perfect address.
Property Features:
- North-east facing family home opposite Pelican Park and the water
- Spacious and comfortable with three living areas, study/fifth bedroom
- Big kitchen, tranquil rear entertaining great renovation potential
- Or redevelop the site (STCA) and capitalise on the coveted R3 zoning
- Local playgrounds and new Reddall Reserve promenade on the doorstep
- Stroll to cafes, Warilla Grove and the north end of Warilla Beach
- Easy access to transport links, schools, Stockland and Marina precinct
- Superb work/life balance with Wollongong CBD just 20-25 minutes away
Property History for 71 Reddall Pde, Lake Illawarra, NSW 2528
- 07 Feb 2024Listed for Rent $700 / week
- 15 Dec 2023Sold for $1,975,000
- 30 Nov 2023Listed for Sale AUCTION - 17/12/23 at 11am onsite
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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 2,018 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 73.27% increase in median value, while Units have seen a 55.51% increase. As at 31 October 2024:
- The median value for Houses in Lake Illawarra is $889,660 while the median value for Units is $662,315.
- Houses have a median rent of $580 while Units have a median rent of $540.
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