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48 Addison Avenue
Lake Illawarra, NSW 2528

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5
Bed
3
Bath
Land Size: 1056 sqm
Property Type: House
Last Updated: 02 Apr 2026
Overview

48 Addison Avenue, Lake Illawarra

Situated on a generous and level block of approximately 1,055.9 square meters, this versatile property offers a remarkable opportunity for families, investors, and developers. Located in a prime coastal pocket of Lake Illawarra, the site combines convenience with lifestyle benefits, presenting a range of possibilities for prospective buyers.

The residence is spaciously designed with multiple living areas that provide flexibility and comfort. The layout is functional, featuring a seamless flow between indoor spaces and a large covered alfresco area, ideal for entertaining throughout the year. The home includes a well-appointed kitchen with ample storage and bench space, supporting practical daily living.

Accommodation comprises five generous bedrooms, including a master bedroom with an ensuite bathroom, ensuring privacy and convenience. The property also offers three bathrooms in total, catering well to larger families or guests.

Outdoors, the expansive backyard offers abundant space for children, pets, or future enhancements. The wide frontage and side access enhance the property's versatility, allowing for additional development or extensions subject to council approval. A detached shed and extra storage options further complement the outdoor amenities.

Key features of the property include:

  • Expansive and level 1,055.9sqm block providing ample space
  • R3 zoning, indicating residential medium density with strong development potential subject to council approval
  • Multiple living areas including large family and lounge rooms for versatile use
  • Functional kitchen with generous storage and bench space
  • Covered alfresco area perfect for entertaining and outdoor living
  • Spacious bedrooms, including a master with ensuite for added comfort
  • Large backyard offering plenty of room for children, pets, or future plans
  • Detached shed and additional storage facilities
  • Wide frontage and side access enhancing flexibility for future development or additions

The location is highly desirable, with close proximity to the Lake Illawarra foreshore and walking tracks, providing excellent recreational opportunities. Local schools, shops, and transport options are conveniently nearby, supporting everyday lifestyle needs. Additionally, the property is a short drive from popular beaches, Stockland Shellharbour shopping center, and the Shell Cove Marina, enhancing its appeal.

This property represents a rare opportunity in the current market, suitable for those seeking a spacious family home or a development project in a sought-after coastal area. The combination of size, location, and potential makes it an attractive prospect for a variety of buyers.

Location
48 Addison Avenue
Lake Illawarra NSW 2528
Market Insights for Lake Illawarra NSW 2528
New Listings (last 30 days)
7
Average price
$1,506,857
Lowest price
$750,000
Highest price
$3,800,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.