11 First Avenue N, Warrawong NSW 2502

Solid brick dual living | sweeping lake and ocean views | elevated Warrawong position | multi-generational or rental flexibility The property’s solid brick construction and dual living configuration offer a rare structural and functional edge in this market, giving a buyer genuine flexibility for multi-generational occupancy or supplementary rental income without sacrificing family space. The elevated position with lake and ocean views is a differentiating feature in Warrawong, where such outlooks are not common at this price point, and the 620m² land size provides scope for future improvements or subdivision potential subject to council approval. This house best suits a buyer seeking long-term value through versatility and location-driven appeal, rather than turnkey perfection. The primary risk is the property’s age and likely absence of modern energy efficiency, which may require capital for upgrades to heating, cooling, or insulation, though this also presents an opportunity to add value through targeted renovations. The dual living layout may need compliance checks for separate occupancy, and the single car space could be a limitation for larger households. However, the active street market and nearby rental demand suggest strong resale and income potential, making this a sound strategic purchase for a buyer prepared to invest in improvements.