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5 Karoo Street,
Albion Park Rail 2527, New South Wales

5 bedrooms
2 bathrooms
1 car space
822m² land size
House

$1,000,000


Property details

PRIME DEVELOPMENT OPPORTUNITY - 5 KAROO STREET, ALBION PARK RAIL

R3 ZONED - IDEAL FOR DEVELOPMENT

Unlock the potential of this exceptional property in the heart of Albion Park Rail!

PROPERTY HIGHLIGHTS

CURRENT SETUP:
• Spacious family home with multiple living areas
• 5+ bedrooms across main house and separate accommodations
• Well-appointed kitchen with quality finishes
• Beautiful in-ground swimming pool
• Multiple sheds and storage areas
• Caravan parking and covered outdoor entertaining

PRIME LOCATION BENEFITS:
• Walking distance to Albion Park Rail Train Station - perfect for commuters
• Close to Lake Illawarra - enjoy waterfront lifestyle and recreation
• Near shops and amenities - convenience at your doorstep
• Established residential area with strong growth potential

DEVELOPMENT POTENTIAL:
• R3 Medium Density Residential Zoning
• Large block with excellent street frontage
• Multiple existing structures provide flexibility
• Potential for townhouses, units, or dual occupancy (STCA)
• High-demand area with strong rental and sales market

PERFECT FOR:
• Developers seeking premium R3 zoned land
• Investors looking for future capital growth
• Families wanting space and location
• Those seeking development potential while enjoying current income

The combination of R3 zoning, prime location near transport and Lake Illawarra plus existing improvements makes this a rare find in today's market.
*All development subject to council approval. Buyers should conduct their own due diligence regarding development potential.

Don't miss this opportunity to secure a prime piece of Albion Park Rail real estate!

Explore the area


School catchments

  • Albion Park Rail Public School Primary K-6 Government 0.63km
  • Oak Flats Public School Primary P-6 Government 1.6km
  • Albion Park Public School Primary K-6 Government 2.7km
  • Balarang Public School Primary K-6 Government 2.8km
  • Nazareth Catholic Primary School Primary K-6 Catholic 3.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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