168 Pur Pur Avenue, Lake Illawarra NSW 2528

A high-performing investment opportunity achieving total rent return of $840 per week, this versatile property provides a multitude of options in a strongly sought-after locale. Rear-north facing just 270 metres from the water's edge, the 697sqm block currently hosts a three-bedroom plus study brick home plus a freestanding one- bedroom granny flat in the backyard. Both residences are at once perfectly comfortable and prime candidates for modern transformation, while executive buyers will be richly inspired by the site itself as will the savvy developer with R3 zoning to exploit (STCA).

Features:
Designed for dual family living or a double income stream
Two lounges in main home, oversized garage, workshop
Take full advantage of the fine setting with luxury rebuild
Or explore the potential for medium-density redevelopment
Three minutes' flat stroll to lakeside park and walking path
Local schools, beaches and Warilla Grove shops in easy reach