Lakeside Living or Develop

50 Koona Street, Albion Park Rail, NSW

For Sale | $669,000
Albion Park Rail
3 1 1

Lakeside Living or Develop

With a unique location directly opposite Wilson Memorial Park, this property gives uninterrupted views and a taste of lakeside living. Experience an easy-going lifestyle with access to the tranquil waters of Lake Illawarra and leisurely strolls to all nearby amenities.

The immediate area is being rapidly bought and built-on, so land available for development is becoming rarer by the day. This is your chance to acquire a property overflowing with potential - build your dream home, hold and a perfect investment or develop up to 3 townhouses (STCA) and maximize the income of this unique site.

Approximate measurements:
• Land size: 695m2 approx.
• Zoning: R3
• FSR: 0.7:1
• Height Limit: 9m
> Possible 3 townhouse development (stca)

Walking distance to:
• Albion Park train station & buses in all directions
• Local medical facilities, GPs & Albion Park post office
• All the local shops, restaurants & facilities of Albion Park Rail
• Within minutes you can be on the freeway or Shellharbour Shopping Centre

Property Type
Land Size
695 sqm
Water Rate
$146.88 Quarterly
Council Rate
$529.00 Quarterly
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