Positioned on a quiet street close to Fairy Meadow shops and Balgownie village, this exciting property offers the perfect dual income opportunity or a superb site for rebuild or redevelopment (STCA). Complete with a rear north aspect to leafy council reserve and close proximity to schools and cafes, walking tracks, beaches and the CBD, it hits all the lifestyle benchmarks. - Generate passive income, capitalise or build your dream family home (STCA) - Front residence comprises of three bedrooms, two bathrooms and multiple living zones - Freestanding granny flat with courtyard backs onto council reserve - 16m (approx.) frontage provides scope for dual occupancy redevelopment subject to council approval - Sought-after access to local parks + playing fields, supermarkets and University - Catchment zoning for quality schooling, convenient access to public transport - Approx. 2.5km to Fairy Meadow Beach and Surf Club, approx. 4km to Wollongong CBD Council rates $565.65pq approx. Water rates $171.41pq approx.