25 Northcliffe Drive, Lake Heights NSW 2502

This absolute waterfront block is located in a prized position with a wealth of opportunity for someone looking for the dream home site, or an astute investor. The property boasts an impressive block size of 696m2 and a frontage of 15.24m offering plenty of potential with the ability to redevelop, or to build a beautiful dwelling (STCA).

Relax on your expansive balcony and watch the sunrise of a morning before the day starts. Stroll down to the lakeside and enjoy the upcoming sunny days and balmy nights having BBQ's with your loved ones with an unforgettable backdrop. The kids will relish in the backyard with plenty of area to run around and play their sports.

This home is full of character and charm with high ornate ceilings, bay windows and a characteristic full brick fireplace. Situated in a perfect spot with The Illawarra Yacht Club only 500m down the street and Warrawong Plaza only a 5-minute drive away. Ideally located, this property is the midpoint between the Illawarra's most iconic regional locations, with Wollongong's CBD 11km to the North and Shellharbour City 12km to the South.

Currently leased to a lovely family for $585 per week, the savvy investor could add an exceptional property with great potential to their portfolio waiting for the right time to redevelop (STCA).

- 4 generous bedrooms, 3 with wardrobes
- R2 Residential Zoning, 0.5:1 Floor Space Ratio 9m Height Limit
- Expansive under house storage and workbench area with separate garage
- 100m from the nearest bus stop allowing for easy travelling to and from the CBD and surrounding areas.

A spectacular waterfront opportunity, stunning position with an outlook of the most gorgeous view of Lake Illawarra and to the mountains. This is an ideal opportunity in a position highly sought after with an irreplaceable backdrop, this property can be the start of your new renovation, or project, or new life. It's time to let the imagination run wild!