SOLD
RECENT ADVICE
Sold on 30 Sep 2024 for $1,600,888

106 Spenser Street
Iluka NSW 2466

Bedrooms: 6
Bathrooms: 3
Car spaces: 2
Land area: 1012m2
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Property Details for 106 Spenser St, Iluka

106 Spenser St, Iluka is a 6 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 6 bedroom House sold in Iluka in the last 12 months.

Building Type
House
Land Size
1012m2
Local Government
Clarence Valley
Lot/Plan
15/12/DP758535

Last Listing description (September 2024)

Explore the unique potential of owning two separate houses on a single R2 zoned block in the heart of Iluka, NSW. This property presents a rare opportunity to acquire a low-density residential site with two distinct dwellings, each with separate electricity and sewerage connections, ideal for families, investors, or those seeking additional income.

Main House: This residence is in pristine, brand-new condition with modern finishes still retaining their original packaging, signifying minimal to no use. The property features an electric gate leading to a double garage, ensuring privacy and security. The ground floor boasts a fully air-conditioned media room, an office/study space, a separate lounge area, a state-of-the-art kitchen with a brand-new oven and dishwasher, a walk-in pantry, and a large dining area complemented by an additional toilet.

The first floor offers another living space opening to a balcony, a vast master bedroom with its private balcony, an expansive ensuite with a spa bath and a walk-in robe. Bedrooms 2, 3, and 4 are well-appointed with built-in wardrobes. A main bathroom with a separate toilet completes this luxurious home.

Original House: The original dwelling on the block, this 2 bedroom house with a kitchenette, bathroom and toilet, offers tremendous potential for renovation. It stands as a canvas ready to be transformed into a profitable rental property or a comfortable guest house, adding value and versatility to the entire estate.

This dual-house setup is perfect for those looking to live in one house while renovating or renting out the other, providing a smart pathway to a second income or a significant investment opportunity.

With its excellent location and distinctive attributes, 106 Spencer Street is not just a residence but a promising investment into the future.

Property History for 106 Spenser St, Iluka, NSW 2466

A timeline of how this property has performed in the market
Last Sold
$1,600,888
30 Sep 2024
  • 09 Sep 2024
    Sold for $1,600,888
  • 31 Jul 2024
    Listed for Sale $1,650,000
  • 27 Feb 2007
    Sold for $245,000
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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.

Suburb Insights for Iluka 2466

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Contact agent
Lauren Ford
Show contact details
First National Real Estate Iluka Woombah
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Disclaimer
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.