52 Buttenshaw Drive, Coledale NSW 2515

Coledale foothills position | 656sqm land with bushfire overlay | 3-bedroom house with dual-living potential | FTTP and 5G ready This property offers a rare combination of elevated escarpment positioning and a landholding that is large enough to accommodate future reconfiguration. The 656-square-metre block, combined with the existing 158-square-metre floorplate, provides a buyer with the option to either occupy as-is or pursue a renovation that unlocks equity. The reliable NBN and 5G coverage supports remote work, which is a meaningful advantage for buyers seeking lifestyle flexibility. This house is best suited to a buyer who values proximity to Coledale Beach and local amenities, and who is prepared to hold medium-term for capital growth driven by Wollongong’s tightening supply. The bushfire overlay is the primary risk, as it may increase insurance costs and impose constraints on future landscaping or extensions. However, the absence of flood or heritage overlays simplifies approvals relative to many coastal comparables. The property’s last sale in 2001 for $150,000 underscores significant long-term appreciation, but the current price guide suggests a buyer should enter with a clear renovation budget and a holding period of at least five years. For a buyer seeking a foothold in a tightly held coastal suburb, this property represents a sound long-term hold with moderate value-add potential through cosmetic improvement.