OFF MARKET

92 Charles Street
Iluka NSW 2466

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 907m2
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Property Details for 92 Charles St, Iluka

92 Charles St, Iluka is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 907m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in February 1999.

Building Type
House
Year Built
1960
Floor Size
123m2
Land Size
907m2
Local Government
Clarence Valley
Lot/Plan
1/DP371433

Last Listing description (August 2023)

With a vast amount on offer this property deserves your time to take it all in. But for those who like to keep things simple, here it is: A huge block in an amazing central location with a character filled beach cottage and granny flat. Thriving and profitable business on site and has the added benefit of being Tourist zoned. Which allows for a multitude of future development options. Now if that doesn't get your attention then I'm not sure what will.

Having served as a family home for 24 years and now providing financial gain in terms of the business, the vendors have decided it is the right time to open a new chapter in their story. Which in turn provides you this wonderful opportunity to take advantage of all the hard work put into the property and enjoy the famous Iluka lifestyle. The 4 bedroom home is the epitome of Iluka beach cottage and oozes charm and quirky coastal design. Fantastic external spaces flow from the home and lead to the self-contained studio at the rear, which provides a great guest house or teenagers retreat.

As far as location goes you will be hard pushed to find a better land parcel within Iluka. Perfectly positioned in the heart of town and with dual street frontages this 904 sqm block is only 200m to Iluka Bay and will be a short stroll to the brand new Sedgers Reef Hotel when finished. Alongside the position is the development potential here. Not only do we have the land size and position but the best zoning as well. Zoned SP3 Tourist the development options are plentiful, with many types of residential and commercial permissible or perhaps a combination of both.

The icing on the cake is the business located on site. Ol' Mates Place is a well regarded and popular eatery within Iluka. A successful and profitable business the infrastructure is extremely well laid out. The stationary food truck provides the base of the operation with fantastic external dining spaces allowing customers to enjoy the beautiful environment. Dedicated storage space is found to the rear and there is room for growth both in a physical and business sense. Further, more detailed business information is available on request.

There is something for everyone here at 92 Charles Street. A wonderful home in the ever popular coastal community of Iluka. An amazing investment opportunity with the potential of 3 income streams. The ability to make the sea change and work from home. Plentiful options for developers looking to the next opportunity. This is a rare offering within the Iluka market place and one that will not present again very quickly. To register your interest or to seek further information, contact us at LJ Hooker Iluka today.

Property History for 92 Charles St, Iluka, NSW 2466

A timeline of how this property has performed in the market
Last Sold
$105,000
18 Feb 1999
  • 14 Jun 2023
    Listed for Sale Not Disclosed
  • 08 Oct 2019
    Sold
  • 27 Feb 2017
    Listed for Sale $645,000
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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 1,659 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 50 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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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.