Sold
5 Karoo Street,
Albion Park Rail 2527, New South Wales
$1,000,000
Property details
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Agents
PRIME DEVELOPMENT OPPORTUNITY - 5 KAROO STREET, ALBION PARK RAIL
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
- Corpus Christi Catholic High School Secondary 7-12 Catholic 1.7km
- Albion Park Public School Primary K-6 Government 2.7km
- Balarang Public School Primary K-6 Government 2.8km
- Albion Park High School Secondary 7-12 Government 3.0km
- Oak Flats High School Secondary 7-12 Government 3.1km
- St Joseph's Catholic High School Secondary 7-12 Catholic 3.4km
- Nazareth Catholic Primary School Primary K-6 Catholic 3.4km
- St Paul's Catholic Primary School Primary K-6 Catholic 3.5km
- Mount Terry Public School Primary K-6 Government 3.8km
- Calderwood Christian School Combined K-12 Independent 4.1km
- Mount Warrigal Public School Primary P-6 Government 4.2km
- Barrack Heights Public School Primary K-6 Government 4.2km
- Tullimbar Public School Primary K-6 Government 4.7km
- Warilla Public School Primary K-6 Government 5.0km
- Flinders Public School Primary K-6 Government 5.1km
- Warilla North Public School Primary K-6 Government 5.1km
- Lake Illawarra High School Secondary 7-12 Government 5.1km
- Mount Brown Public School Primary K-6 Government 5.3km
- Warilla High School Secondary 7-12 Government 5.3km
- Shellharbour Anglican College Combined K-12 Independent 5.6km
- Amity College Illawarra Campus Combined Independent 6.0km
- Dapto High School Secondary 7-12 Government 7.1km
- Illawarra Environmental Education Centre Combined Government 7.1km
- Kanahooka High School Secondary 7-12 Government 7.5km
- Illawarra Sports High School Secondary 7-12 Government 10.3km
- Warrawong High School Secondary 7-12 Government 11.4km
- Cedars Christian College Combined K-12 Independent 12.1km
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
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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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Contact Amanda Bonnici
Contact Amanda Bonnici
Amanda Bonnici
5 Karoo Street, Albion Park Rail NSW 2527
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Amanda Bonnici
5 Karoo Street, Albion Park Rail NSW 2527