101-103 Koona Street, Albion Park Rail, NSW, 2527, Australia

101-103 Koona Street, Albion Park Rail NSW 2527 is a unique property offering two homes on two flat blocks in a waterfront position. With a total land size of 2119m2, this property presents an ideal development opportunity (STCA). The first home at 101 Koona features a 2-bedroom house on a 1031m2 block, while the second home at 103 Koona boasts a 4-bedroom house on a 1088m2 block. Both properties are currently tenanted with a combined rental return of $950 per week.

Investors will find this property attractive due to its potential for development and strong rental return. The proximity to parks, walking tracks along the lakeside, train station within three minutes' walk, and easy access to Albion Park Rail shops and public transport make it an appealing investment opportunity.

Property Features:
- Two homes on two flat blocks
- Waterfront position
- Total land size of 2119m2
- Ideal development potential (STCA)
- Rental return of $950 per week combined

The Location:
Approximately within a radius of five kilometers from the property are popular places such as:
- Approx. Lake Illawarra
- Approx. Shellharbour Village
- Approx. Stockland Shellharbour Shopping Centre
- Approx. Warilla Beach
- Approx. Oak Flats Train Station

Key Financial Details:
- Land rates: $1602 per quarter for both properties

While every effort has been made to ensure the accuracy and thoroughness of the information provided in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors. As such, First National Real Estate Albion Park makes no statement, representation, or warranty and assumes no legal liability about the accuracy of the information provided. Interested parties should conduct their due diligence about each property they consider purchasing. All photographs, maps, and images are representative of marketing purposes only.