34 Pur Pur Avenue, Lake Illawarra, NSW, 2528, Australia

Offered for the first time in over 70 years, this is an exciting opportunity to create your dream coastal retreat with redevelopment opportunities to upgrade the existing home or build a new dream residence, additionally, the block has coveted R3 zoning and presents an amazing opportunity for the savvy investor or developer to seek council approval to subdivide to construct 2 luxury homes or request multi-dwelling approval to build 4-5 townhouses subject to council approval. With views out to Lake Illawarra and the South Pacific Ocean, the home is full of charm and is move-in ready with recent renovation completed, perfect for owner-occupier buyers or investors with the property ready to hit the market for short or long-term rental.

The bright and light open plan interiors feature a large lounge and dining area with water views, the kitchen has been upgraded with a breakfast bar and flows to the dining area. Currently, with 3 bedrooms all with wardrobes, the home has the potential to redevelop the undercroft to add additional bedrooms or a lounge area that flows to the rear garden subject to council approval.

+ Separate studio ideal to be used as a working-from-home office or kid's rumpus room
+ The perfect canvas with a 20-meter frontage and 50-meter depth
+ Potential to capitalise with a huge 1000m2 level block & coveted R3 zoning
+ Easy access to transport links, schools, Stockland and Marina precinct

ABOUT THE LOCATION...
Nestled in the most sought-after area of Lake Illawarra, bordering Warilla it's a mere 500 meters to Warilla Beach & footsteps to playgrounds at the new Reddall Reserve promenade, 900 meters away from Warilla Grove shopping centre with Woolworths, Aldi & many other retailers & approx. 20-25 minutes from Wollongong CBD

Co-Agent
Monique Napper of Belle Property Berry
0423 491 538 | monique.napper@belleproperty.com