38-40 James Crescent, Kings Point, NSW 2539

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For sale

Price Guide $1,809,000 - $1,989,000


This property has never previously been offered to market and presents a most magnificent and unique opportunity.

When it comes to this truly exceptional location this idyllic double parcel of premium waterfront real estate with a north facing timber cottage along with its’ 270 degree sweeping views of Burrill Lake is arguably second to none.

Only a short 5 minute drive to Ulladulla’s harbour, shops and restaurants along with a host of the most gorgeous beaches on the South Coast including iconic Mollymook Beach.

Can you imagine the prospect of unwinding on the veranda taking in the beauty and surrounds of this lakeside location, while sipping on a chilled glass of your favourite wine or perhaps your first cuppa of the day?

On offer is a total land holding of 1,505 square metres of divine lakeside living and a tastefully restored three bedroom home, with cypress pine timber floors.

Move in to this fabulous home and locale as is or generate an income stream from the lakeside holiday market which is superb for boating and fishing or perhaps explore the limitless options to build your dream waterfront home.

This property also presents the unique opportunity for developers by transforming this exceptional parcel of premium real estate into 2 x Duplex style lakefront retreats.

• North facing floor-to-ceiling tinted thickened glass windows to take in Kings Point’s majestic lake views

• Recently renovated bathroom, freshly painted interior and exterior and updated hot water service.

• New Colorbond roof with insulation, air-conditioning and open fireplace for those cosy nights in over the

cooler months.

• Outdoor fire pit overlooking the gorgeous Burrill Lake along with plenty of lawn for parking, pets or all

your toys.

Property Info:
  • Property ID: L1155461
  • Property Type: House
  • Carports: 1
  • Land Area: 1505.0 sqm
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R&H Suburb Profile: Kings Point

R&H Suburb Summary Houses
Number of sales 11
Average Price $608,000
Median Price $575,000
Median Rental Price $400 p.w.
Change in Rental Rate (5yr) 38 %
R&H Suburb Summary Units
Number of sales 0
Average Price $0
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