49 Barina Avenue, Lake Heights NSW 2502

Welcome to a fantastic investment opportunity in the heart of the picturesque Lake Heights! This property is currently utilised as a dual income rental property, with the main house upstairs containing 2 bedrooms, a sunroom, living area, and renovated kitchen and bathroom. Downstairs has a separate entry with an open plan living and kitchen area, a bedroom and bathroom.

This property would also suit those families that need a separate self contained area for the in-laws or older children that need their own space. The home sits in an elevated and quiet street, just a few hundred metres from Barina park. A short walk away sits the Lake Illawarra waterfront, with walking paths and boat ramps for a relaxed and peaceful lifestyle. Also only a short drive away are a variety of schools, Port Kembla Beach, and Warrawong Plaza with all of its public transport options. Wollongong is also just around the corner, and only 1.5hrs to Sydney.

Key Features:
• Renovated bathroom and kitchen
• Double garage
• 556m2 block with large backyard
• 18.4m frontage
• DA approval for a granny flat at the rear of the property, and a house extension including an additional bathroom.
• Upstairs currently rented for $625/week (expired lease)
• Downstairs currently rented for $370/week (expired lease)
• Close proximity to local parks and Lake Illawarra
• Easy access to Wollongong and Sydney

Located in a prime neighbourhood, this home is perfect for families, savvy investors, or anyone looking to enjoy the benefits of additional rental income. Dont miss out on this rare opportunity, contact Mathew Niksic today on 0424 475 872.