51 Koona St, Albion Park Rail is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1086m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
This expansive 1075 m level waterfront block offers not only stunning views and tranquility but a magnificent single level home ideal for multi-generational living.
Positioned on this generous lot are two charming and well-maintained two-bedroom cottages, which adjoin a rumpus off the courtyard.
The front cottage features a modern kitchen equipped with stainless steel appliances, including a dishwasher. The inviting living spaces are complemented by ceiling fans, providing comfort throughout the seasons. The sleek, contemporary bathroom adds a touch of luxury to this cozy retreat. Combined dining and family room with built-in storage offer endless possibilities. Sliding doors lead from the family room to the 'L' shaped deck and courtyard.
Attached accommodation at rear includes ramp access to the open plan second kitchen with island bar, adjoining expansive lounge and dining. Sliding door access from the living areas to the huge master bedroom with his and her walk in robe, reverse aircon, ceiling fans and window bench seat with views to the Lake. Renovated ensuite off master complete with built in shower bench and rainwater shower head. Additional double sized bedroom and separate bathroom to the rear cottage.
Supersized covered alfresco deck to the rear of the home (13m wide x 8m), providing all year-round outdoor entertainment area.
Additionally, the property has a double carport, providing parking or storage space.
Whether you're looking to live in the established magnificent waterfront residence, create a family getaway, or invest in a high-potential redevelopment project, this property offers endless possibilities.
Don't miss out on this rare opportunity to own property the picturesque shore of Lake Illawarra.
For more information or to arrange an inspection, contact Rob Linnehan on 0414 563 113.
The size of Albion Park Rail is approximately 7.2 square kilometres. There are 15 parks, covering nearly 4.6% of the total area. The population of Albion Park Rail in 2016 was 6918 people. By 2021 the population was 6920 showing a population growth of 0.0% in the area during that time. The predominant age group in Albion Park Rail is 20-29 years. Households in Albion Park Rail are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion Park Rail work in a community and personal service occupation.In 2021, 70.50% of the homes in Albion Park Rail were owner-occupied compared with 69.50% in 2016.
Albion Park Rail has 3,547 properties. Over the last 5 years, Houses in Albion Park Rail have seen a 33.53% increase in median value, while Units have seen a 38.00% increase. As at 31 July 2026:
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