FOR SALE
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65 Charles Street
Iluka NSW 2466

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 675m2
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Prime Position, Mixed Use Investment

This is a unique opportunity to purchase a property with approved residential and commercial usage set on an E1 zoned land holding. Offering convenience for both business and residential purposes and with rear lane access, each exists independently.
The retail space fronting Charles Street is occupied by Hogues Hot Bread, an iconic bakery which has serviced the Iluka area for many years. Currently on a 5 x 5 x 5 year lease you have an immediate income straight off the bat.
To the rear of the property are two separate dwellings accessed via Charles Lane. The first, an elevated 3 bedroom, 1 bathroom house with an open plan kitchen dining, spacious living area and extra large downstairs living area with it's own access from the ground level. The second, a self contained one bedroom, 1 bathroom unit with separate entry. The entire premises is solar powered and is separately metered. A beautifully maintained garden and lawn area leads to a large driveway with 3 bay shed so storage and parking will never be a problem.
Live or holiday in one and rent out the others or rent them all, whatever you decide this is a lifestyle and investment opportunity not to be missed, contact the LJ Hooker sales team to arrange an inspection today.

Property Details for 65 Charles St, Iluka

65 Charles St, Iluka is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 675m2. The place is currently for sale with LJ Hooker Iluka.

Building Type
House
Land Size
675m2

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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 1,661 properties. Over the last 5 years, Houses in Iluka have seen a 98.94% increase in median value, while Units have seen a 44.97% increase. As at 31 October 2024:

  • The median value for Houses in Iluka is $899,705 while the median value for Units is $490,896.
  • Houses have a median rent of $480 while Units have a median rent of $430.
There are currently 51 properties listed for sale, and 7 properties listed for rent in Iluka on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in Iluka.

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Nick Potente
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