OFF MARKET

10 Melville Street
Iluka NSW 2466

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 564m2
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Last updated 18 Nov 2024
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Property Details for 10 Melville St, Iluka

10 Melville St, Iluka is a 0 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 564m2. While the property is not currently for sale or for rent, it was last sold in December 2009.

Building Type
House
Land Size
564m2
Local Government
Clarence Valley
Lot/Plan
5/DP263181

Last Listing description (January 2019)

This easily run milk distribution business, situated in the lovely coastal town of Iluka on the NSW North Coast, is ideal for those looking for a good income on a modest outlay.
Hours worked are only 23-25 hours, over 6 days per week - deliveries are to commercial outlets only. The business is contracted by NORCO Pty Ltd and deliveries are made to on-site cool room and storage rooms at the Iluka depot in the Iluka Industrial centre. Distribution is from this point.
The sale includes a 2009 refrigerated truck and body and all necessary distribution equipment.

For full details and accountant's figures please contact this office on 0414 949 531 (Ian Dunbar).
Last year's nett income of $39-40,000 against the asking price makes this a very worthwhile purchase. Ideal for the semi-retiree, or as an adjunct to the main business. Inspection is highly recommended.

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Property History for 10 Melville St, Iluka, NSW 2466

A timeline of how this property has performed in the market
Last Sold
$400,000
21 Dec 2009
  • 18 Sep 2018
    Listed for Sale Not Disclosed
  • 21 Dec 2009
    Sold for $400,000
  • 02 Jul 2009
    Listed for Sale $220,000
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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 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 53 properties listed for sale, and 3 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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