OFF MARKET

7/39 Iluka Road
Palm Beach NSW 2108

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 519m2
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Property Details for 7/39 Iluka Rd, Palm Beach

7/39 Iluka Rd, Palm Beach is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 519m2 and floor size of 74m2.

Building Type
Unit
Floor Size
74m2
Land Size
519m2
Local Government
Northern Beaches

Last Listing description (November 2023)

Secure yourself a Palm Beach apartment in this tightly held boutique resort. Positioned in the Pittwater hub of Palm Beach, The Lighthouse at Iluka Resort offers the perfect duality of a holiday retreat or generating an all-year income. Stay a while or lock up, leave and holiday lease this easy care, self-contained two bedroom apartment.

With parking in the area at premium at the best of times, a secure basement car space is part of the title. Additional features include air conditioning, dual security access and internal building lift.

- Queen-sized master bedroom with an entrance to the balcony

- Second bedroom currently set up with two single beds
- Family bathroom features a shower and large spa bath, and there is also a separate powder room
- Open plan living with balcony overlooking the gardens
- Communal pool and heated spa, plus barbecue area for resort residents and guests
- Onsite coin-operated laundry
- Apartment size 72m plus 15m balcony
- Fantastic location in Palm Beach, 7 minutes' drive to Avalon Beach village and an hour's drive to Sydney CBD

Conveniently located, Iluka Resort is a level 5-minute walk to the Palm Beach Ferry Wharf with ferries to Wagstaffe, Ettalong Beach, Patonga and the Western Foreshore. Close by are also the Pittwater beaches, Palm Beach Golf Club, Barrenjoey House and the iconic Barrenjoey Lighthouse. Fine local restaurants, casual dining and the Palm Beach Wine Co & General Store mean everything is at your fingertips. Iluka Resort is a very short drive to neighbouring beaches, Avalon Beach village shops, cafes and restaurants and only an hour's drive from Sydney's CBD.

A rare opportunity to take full advantage of the generous rental returns whilst offering the added benefit of having your own Palm Beach holiday apartment in one of Sydney's most sought after coastal enclaves.

Inspect by appointment. Please call Tara Jaijee on 0423 737 826 to register your interest.

Property History for 7/39 Iluka Rd, Palm Beach, NSW 2108

A timeline of how this property has performed in the market
Listed for Rent
31 Aug 2022
  • 12 Oct 2023
    Listed for Sale Contact Agent
  • 19 May 2022
    Listed for Rent - Price not available
  • 23 Mar 2016
    Listed for Sale For Sale $699,000
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About Palm Beach 2108

The size of Palm Beach is approximately 2.7 square kilometres. It has 21 parks covering nearly 41.8% of total area. The population of Palm Beach in 2011 was 1,596 people. By 2016 the population was 1,620 showing a population growth of 1.5% in the area during that time. The predominant age group in Palm Beach is 60-69 years. Households in Palm Beach are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Palm Beach work in a professional occupation. In 2011, 70.5% of the homes in Palm Beach were owner-occupied compared with 75.2% in 2016.

Palm Beach has 1,438 properties. Over the last 5 years, Houses in Palm Beach have seen a 24.18% increase in median value, while Units have seen a 107.02% increase. As at 31 October 2024:

  • The median value for Houses in Palm Beach is $3,525,534 while the median value for Units is $1,962,978.
  • Houses have a median rent of $1,500 while Units have a median rent of $700.
There are currently 31 properties listed for sale, and 8 properties listed for rent in Palm beach on OnTheHouse. According to CoreLogic's data, 38 properties were sold in the past 12 months in Palm beach.

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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.