48 Addison Avenue

Lake Illawarra NSW 2528

Set on a substantial 1,055.9sqm (approx.) parcel, this versatile property presents an exceptional opportunity for families, investors, and developers alike. Positioned in one of Lake Illawarra's most convenient and lifestyle-driven locations, the possibilities here are as impressive as the land itself.Whether you're looking to move straight in, renovate, or explore future development potential (STCA), this is a rare offering where space, flexibility, and location align.The home itself is generously proportioned, offering multiple living zones, a functional layout, and seamless indoor-outdoor flow to a large covered alfresco - perfect for year-round entertaining. Outdoors, the expansive backyard provides endless space for families, future additions, or redevelopment, complete with a detached shed and wide side access.Property Features:- Expansive 1,055.9sqm (approx.) level block- R3 zoned- Strong development potential (STCA)- Multiple living areas including large family and lounge rooms- Functional kitchen with ample storage and bench space- Covered alfresco area ideal for entertaining- Generous bedrooms, including master with ensuite- Large backyard with plenty of room for kids, pets or future plans- Detached shed plus additional storage options- Wide frontage and side access for flexibilityLocation Highlights:- Moments to Lake Illawarra foreshore & walking tracks- Close to local schools, shops, and transport- Short drive to beaches, Stockland Shellharbour & Shell Cove MarinaOpportunities like this are increasingly rare. Whether you're securing your next home or your next project, this is one not to miss.Contact Cooper Askew on 0484 094 814 to arrange your inspection.