Enjoying absolute water frontage & featuring a truly phenomenal northerly vista across magnificent Lake Illawarra to the escarpment beyond, this outstanding property represents a rare opportunity to claim the ultimate lakeside location. Boating/paddling enthusiasts & fisher folks will relish the huge boat shed, nature lovers will delight in the exquisite local Black Swans, & families & cyclists will adore the immediate adjacency of the celebrated foreshore bike path. The existing original brick & tile home is serviceable & ready to occupy; move right in & renovate as required, or let & draw an income as you imagine the possibilities. With sporting fields, Balarang Public school, & Oak Flats High School on your doorstep & Shellharbour Shopping Centre mere moments away, this is indeed unrivalled family living. - Optimal north to rear aspect embraces sunlight & the spectacular outlook. - Never to be built out dress circle lakefront position. - Screened from the street by established trees. - Adjacent public easement to foreshore means only one immediate neighbour. - 3 substantial carpeted bedrooms with built in robes plus study/home office. - Watch swans paddle by from the kitchen counter, sunroom, or rear porch. - Ample family bathroom includes full size tub with separate shower. - Near level back yard with barbecue area from which to admire the view. - Fantastic waterfront double door boat shed for storage of all the outdoor toys. - Tandem carport parking. Rainwater tank.