17 Shellharbour RoadLake Illawarra NSW 2528
Property Details for 17 Shellharbour Rd, Lake Illawarra
17 Shellharbour Rd, Lake Illawarra is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 1024m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 8 bedroom BlockOfUnits sold in Lake Illawarra in the last 12 months.
Last Listing description (February 2026)
Positioned on an expansive 1,000m²+ flat block, 17 Shellharbour Road, Lake Illawarra presents a rare and exciting opportunity for investors seeking scale, flexibility, and long-term upside.
This established unit complex comprises four well-proportioned two-bedroom, one-bathroom units, each offering practical layouts and supported by an undercover carport with a single space allocated for each unit. The configuration makes it ideal to hold as a set-and-forget investment, with strong rental appeal and the ability to generate multiple income streams from a single title.
What truly sets this property apart is the land size and future potential. With an exceptionally generous block for this location, there is clear scope to landbank, renovate, reconfigure, or explore future redevelopment options (STCA), allowing investors to maximise returns over time rather than relying solely on today's yield.
Whether you're looking to secure a long-term holding, add value, or plan for future development, this is a standout opportunity in a tightly held coastal pocket with proven growth and demand.
An investor's dream with scale, income, and upside, opportunities like this are increasingly hard to find.
Currently returning a combined income of $1,680.00 per week.
The Auction will take place on Wednesday 25th February 2026 in our brand-new Auction House at Ray White Shellharbour City, Shop 2/18 Addison Street, Shellharbour. Registrations open from 5:00pm, with proceedings commencing promptly at 5:30pm.
Property History for 17 Shellharbour Rd, Lake Illawarra, NSW 2528
- 25 Feb 2026Sold for $1,705,000
- 27 Jan 2026Listed for Sale Auction
- 11 Aug 2020Listed for Rent - Price not available
Recent sales nearby
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0About Lake Illawarra 2528
The size of Lake Illawarra is approximately 2.1 square kilometres. There are 11 parks, covering nearly 24.0% of the total area. The population of Lake Illawarra in 2016 was 3163 people. By 2021 the population was 3288 showing a population growth of 4.0% in the area during that time. The predominant age group in Lake Illawarra is 60-69 years. Households in Lake Illawarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lake Illawarra work in a trades occupation.In 2021, 47.60% of the homes in Lake Illawarra were owner-occupied compared with 46.80% in 2016.
Lake Illawarra has 2,052 properties. Over the last 5 years, Houses in Lake Illawarra have seen a 38.38% increase in median value, while Units have seen a 32.28% increase. As at 30 June 2026:
- The median value for Houses in Lake Illawarra is $978,191 while the median value for Units is $718,039.
- Houses have a median rent of $650 while Units have a median rent of $580.
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