112 Shellharbour Road, Port Kembla NSW 2505

Freshly updated 2-bedroom | 546sqm land with granny flat potential | Warrawong High catchment | No flood or bushfire overlays This property’s primary buying case rests on its 546sqm parcel in a coastal suburb where land is the appreciating component, not the modest 92sqm dwelling. The 17% building coverage leaves substantial room for a granny flat development—subject to council approval—which could effectively double rental income while the buyer occupies the main house. With 65% owner-occupancy in Port Kembla, neighbourhood stability is above average for the area. The property suits an owner-occupier seeking future income supplementation or an investor targeting yield uplift through subdivision or secondary dwelling. The key risk is the main house’s small footprint; at 92sqm, it may limit resale appeal to families who prioritise internal space over land. The $825,000 listing sits near the top of the estimated $809k–$833k range, so the buyer must negotiate to avoid overpaying for the land alone. The granny flat potential is contingent on council approval—no pre-existing permits exist—and Shellharbour Road carries traffic noise that may affect liveability. The buyer’s advantage lies in holding the land for medium-term capital growth while using the secondary dwelling to offset holding costs, effectively reducing net outlay.