Unit for sale

80 Charles Street,

Iluka, NSW

7 4 4
$1,175,000

Proven Investment With Future Development Options

Investors or those looking for a new home with an added easy income stream, look no further. Property comprises 4 units, 2 of which are accessed from Charles St and 2 from Queen Lane. Providing a combined gross return of $55,640 and with Medium Density land zoning attached, a strata title is certainly an added option.

As the highway upgrade gains momentum rental properties are in high demand, and after its done and the trucks have gone, the traffic floodgates to Iluka will be open. This property is ideally situated opposite Sedgers Reef Hotel and the Bay.

- Two near new 2 bedroom flats, 1 bath, 1 carport
- One spacious 2 bedroom flat, 1 bath, 2 garages, with views of the Bay
- One ground floor 1 bedsit flat, 1 bath

Location and income, in the never to be repeated holiday village of Iluka!
Last updated: 01:52PM on Dec 22nd 2017
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LJ Hooker Iluka

3 Owen Street
Iluka NSW, 2466
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80 Charles Street