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5 Karoo Street Albion Park Rail, NSW 2527

Sold for $1,000,000 on 4 Jul 2025
  • 5 Beds
  • 2 Baths
  • 1 Car
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5 Karoo Street, Albion Park Rail, NSW 2527

House in Albion Park Rail

PRIME DEVELOPMENT OPPORTUNITY - 5 KAROO STREET, ALBION PARK RAIL

  • 5 Beds
  • 2 Baths
  • 1 Car

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!

Land:

822m² / 0.2 acres

Parking:

1 carport space

Bedrooms:

5

Bathrooms:

2