FOR SALE
$260,000 + SAV

6 Young Street
Iluka NSW 2466

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Iluka Bakery

Nestled in the heart of Iluka, a vibrant tourist village, this family-owned and operated bakery offers an unparalleled opportunity for prospective owners. Boasting a prime location with high foot and vehicle traffic, convenient parking, and easy accessibility, this establishment has been a cornerstone of the Iluka community for many years, catering to both locals and tourists alike.
Renowned for its commitment to excellence and quality, the Iluka bakery has cultivated a loyal customer base and a stellar reputation. From classic favorites to innovative creations, it caters to a broad spectrum of tastes, ensuring there's something for everyone.
Under the hands-on management of a dedicated husband and wife team, the bakery exudes warmth and hospitality, creating a welcoming atmosphere for patrons. Given its location in a tourist town, there's ample opportunity to capitalize on peak seasons, further enhancing profitability.
Moreover, the bakery has demonstrated consistent growth, thanks to its strategic location, exceptional offerings, and personalized service. As the current owners seek to transition, this rare opportunity presents itself as a turnkey solution for aspiring entrepreneurs or seasoned bakery enthusiasts.
With a solid foundation already in place, there is considerable potential for further expansion, ensuring continued growth and profitability for years to come.
Contact Grant & the team for further details on this business
DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters

Property Details for 6 Young St, Iluka

Building Type
Commercial

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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 1,662 properties. Over the last 5 years, Houses in Iluka have seen a 83.68% increase in median value, while Units have seen a 57.97% increase. As at 31 July 2024:

  • The median value for Houses in Iluka is $828,789 while the median value for Units is $541,337.
  • Houses have a median rent of $490 while Units have a median rent of $410.
There are currently 53 properties listed for sale, and 1 property listed for rent in Iluka on OnTheHouse. According to CoreLogic's data, 71 properties were sold in the past 12 months in Iluka.

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Grant Gillies
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Elders Real Estate Yamba
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