Real Estate Australia

INVESTMENT or LIFESTYLE
$2,595,000

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Property Location: 76-78 Charles Street Iluka - YAMBA - NSW

Listing Id: 21330033  

Details	Bedrooms: 9    Bathrooms: 5    Garages: 2
Air Cond't	5 air conditioners
Land	Size: 1625 Square Mtr Approx
Description: It would be hard to find a better value Investment or Lifestyle Property on the NSW North Coast. "Akuli by the Sea" is a 3 x 2 bedroom and 1 x 3 bedroom unit complex. It is situated on a 1,625 m2 flood-free block. It is located in the ever-popular old part of Iluka Town. The 3 x 2 bedroom units have their own laundry and carports with extra parking on the grass adjacent. The 3 bedroom unit is elevated and sits above a DLUG with a concrete floor between. The large storeroom has it's own toilet and shower. Fenced on 3 sides, the property has a separate storage area suitable for a boat or caravan and private fenced yard for the 3 bedroom unit. The established gardens and lawns are easy to maintain and provide a large open space for the unit residents plus there is a large covered entertaining and barbeque area. The units are on the east side of the property leaving plenty of room for more units, swimming pool or subdivision subject to council approval. The original owners built and completed in 1985 where they lived on site and had both permanent and holiday rentals. The current owners purchased it with the intent to permanently move to Iluka and live on site and manage the units. Unfortunately, their family and business interests in Sydney still require their full time attention and they have reluctantly made the decision to sell the property. Numerous upgrades have been made to the fully furnished and self contained units and to the property grounds themselves. Akuli by the Sea has been run as holiday units and with nothing to spend is being offered as a going concern with future bookings in place. Or rent the units out on a permanent basis for a Set and Forget investment. Iluka always has a shortage of permanent rental properties. Properties of this nature rarely come onto the North Coast of NSW market and "Akuli by the Sea" represents great value and opportunity for an Investment or Lifestyle property. Ideal for family or friends consortium. Lots of possibilities here, an inspection is a must to appreciate.

INVESTMENT or LIFESTYLE
$2,595,000

Contact Iluka Real Estate Today!!!

Contact Kayleen Cochran
Phone 0410 497 867

Property ID:21330033
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