OFF MARKET

80 Addison Avenue
Lake Illawarra NSW 2528

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 74m2
Land area: 334m2
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Last updated 18 Nov 2024
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Property Details for 80 Addison Ave, Lake Illawarra

80 Addison Ave, Lake Illawarra is a 4 bedroom, 3 bathroom House with 3 parking spaces and was built in 1995. The property has a land size of 334m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1995
Floor Size
74m2
Land Size
334m2
Local Government
Shellharbour
Lot/Plan
2/DP238015

Last Listing description (January 2021)

First National Coastside Shellharbour is proud to offer this mixed use commercial and residential complex in the heart of Lake Illawarras local shopping precinct.

Currently fully tenanted and located a very short walk to bus stops, Lake Illawarra foreshore, and easy access to the main thoroughfare north and south towards Wollongong and Shellharbour respectively. This property zoned B1 Neighbourhood Centre.
- 2 x 2 bedroom, 1 bathroom upper level north facing units, featuring views towards Lake Illawarra and the escarpment, both leased to long term tenants
- 2 x lower level commercial premises, facing onto Addison Avenue, currently leased as one premise to long term tenant
- 323m2 land size
- Total Commercial internal floorspace of 103m2
- Each residential unit floorspace of 61m2
- Total income currently $42,120 per annum
- Council Rates currently $816 per quarter

For more information, including the Information Memorandum, contact Maria Field on 0411 306 323.

Disclaimer: "The above information has been furnished to us by a third party. We have not verified whether or not the information is accurate and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate"

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Property History for 80 Addison Ave, Lake Illawarra, NSW 2528

A timeline of how this property has performed in the market
Last Sold
$790,000
11 Dec 2020
Listed for Rent
$500/w
25 Oct 2017
  • 11 Dec 2020
    Sold for $790,000
  • 15 Jun 2020
    Listed for Sale $799,000 - $835,000
  • 25 Oct 2017
    Listed for Rent $500 / week
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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 2,019 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.
There are currently 6 properties listed for sale, and 10 properties listed for rent in Lake illawarra on OnTheHouse. According to CoreLogic's data, 94 properties were sold in the past 12 months in Lake illawarra.

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