FOR SALE
$950,000

11/4 Spenser Street
Iluka NSW 2466

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 261m2
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Amazing Investment Opportunity

This beautifully maintained 3-bedroom unit, complete with a spacious double lock-up garage, is situated in the highly sought-after, family-friendly Iluka Villa complex.
Offered fully furnished, in excellent condition with a recently renovated kitchen and bathrooms, there's nothing more to spend, making it an ideal weekender or a great investment with a strong holiday rental history. This is a fantastic opportunity to secure a property in the heart of Iluka.
The complex offers riverfront living, featuring its own boat ramp and a jetty where you can moor your boat during the day or enjoy some leisurely fishing. A gazebo overlooking the river provides the perfect spot to take in the picturesque views and stunning sunsets.
You can also enjoy a large in-ground swimming pool and adjacent barbecue area, ideal for entertaining.
The Iluka Villas are conveniently located within walking distance to the ferry that takes you to Yamba, and just a short stroll to the nearby shopping centre, which includes an IGA, bottle shop, chemist, gym, butcher, and bakery. Just up the road you also have a public boat ramp.
Opportunities like this are rare, so don't miss out on this exceptional investment. Contact Lauren Ford today to schedule your inspection.

Property Details for 11/4 Spenser St, Iluka

11/4 Spenser St, Iluka is a 3 bedroom, 2 bathroom Villa with 2 parking spaces. The property has a land size of 261m2. The place is currently for sale with First National Real Estate Iluka Woombah.

Building Type
Villa
Land Size
261m2

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About Iluka 2466

The size of Iluka is approximately 12.8 square kilometres. It has 9 parks covering nearly 51.3% of total area. The population of Iluka in 2011 was 1,702 people. By 2016 the population was 1,700 showing a population decline of 0.1% in the area during that time. The predominant age group in Iluka is 60-69 years. Households in Iluka are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iluka work in a labourer occupation. In 2011, 62% of the homes in Iluka were owner-occupied compared with 65.5% in 2016.

Iluka has 1,660 properties. Over the last 5 years, Houses in Iluka have seen a 94.32% increase in median value, while Units have seen a 60.72% increase. As at 30 September 2024:

  • The median value for Houses in Iluka is $861,139 while the median value for Units is $549,445.
  • Houses have a median rent of $480 while Units have a median rent of $420.
There are currently 52 properties listed for sale, and 6 properties listed for rent in Iluka on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Iluka.

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Lauren Ford
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First National Real Estate Iluka Woombah
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