FOR SALE
Leasehold $1,350,000

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Iluka NSW 2466

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North Coast NSW Caravan Park in Tourist Hotspot, 30% ROI - 1P6172CP

As the exclusive agency, CRE Brokers are proud to offer this very well presented and maintained Caravan Park. Ideally situated at the mouth of the mighty Clarence River in Iluka, across from Yamba.
As the new business owner, you will be offered a new 30 year lease of a very well presented and maintained property. The business has shown continual increasing growth for the past decade, operated by the present owners who will remain as the freehold landlord. They have improved the property significantly and added quality new infrastructure including a swimming pool, camp kitchen, more accommodation and underground services.
Once a sleepy fishing village on the opposing side of the mighty Clarence River from Yamba, Iluka is fast becoming a tourist hotspot for those in the know.
There has been significant improvements to the town's infrastructure of late including upgrades of the foreshore and the totally new tavern which only opened its doors on the 21st of September 2024. The tavern alone is expected to add great benefit to this Caravan Park, as it is only a couple of 100m walk.

Property Details for Contact Agent For Address, 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 1,660 properties. Over the last 5 years, Houses in Iluka have seen a 85.71% increase in median value, while Units have seen a 51.83% increase. As at 31 August 2024:

  • The median value for Houses in Iluka is $841,601 while the median value for Units is $523,004.
  • Houses have a median rent of $490 while Units have a median rent of $410.
There are currently 49 properties listed for sale, and 4 properties 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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Craig Clark
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.