Prime Lakeside Development Opportunity (stca) In Albion Park Rail

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Positioned in a highly sought-after location with direct access to the foreshore of Lake Illawarra, 97 Koona Street offers an exceptional opportunity for developers and investors alike.

This expansive 911m² block, with a 15.2m frontage, presents the perfect canvas for a potential development (subject to council approval).

Currently, a well-maintained 3-bedroom dwelling is on the property, offering the flexibility to rent out or renovate while planning for the future. The home provides immediate income potential or could serve as a comfortable base while exploring development options.

Conveniently located just moments from essential amenities such as the Oak Flats Shopping Village, Stockland Shellharbour, stunning beaches, and Shell Cove Marina, this property also offers easy access to major highways. Additionally, the Albion Park Rail train station is just a short distance away, providing a direct rail link to both Wollongong and Sydney-ideal for commuters and those seeking convenient transport connections.

Whether you choose to renovate, rent, or develop, this property offers outstanding potential in one of the Illawarra's most desirable locations.