Albion Park Rail 58 Koona Street

A rare opportunity to secure a property with development potential located on a corner block opposite the lake with a great aspect looking across the reserve to the water.

Three bedroom house with triple garage on 626m2 approx. corner block.R3 Zoning (Medium Density Residential)Redevelopment potential subject to council approval.Currently leased at $500 pw to long term tenant.Views across the reserve and Lake Illawarra.Development precedence set in immediate area.
Disclaimer
All marketing material and advertising pertaining to this property including but not limited to images, floorplans, video, virtual tours, brochures, digital styling and furniture, drone and lifestyle images etc are for marketing and illustration purposes only and some may represent location, view or lifestyle photography. Whilst Laurence Morgan has made every effort to ensure the information supplied is truthful and correct, it may have been provided or sourced by third party individuals and suppliers and we cannot guarantee the accuracy of the information. If STCA or S.T.C.A is stated in advertising it is referring to "Subject to council approval" and we recommend seeking independent planning advice. Any displayed or advertised outgoings, estimates, land sizes, measurements, completion dates and distances are approximate only and may be subject to change without notice and Laurence Morgan gives no warranty to the accuracy of the information and takes no responsibility for any loss incurred from acting on the information provided. We strongly recommend all interested parties conduct their own due-diligence and research to ensure they are satisfied and fully informed in all respects prior to making an offer or proceeding to purchase the property. Read More ⇓