Location Location Location the most overused term in Real Estate. However, at 92 Charles Street, Iluka it could not be truer. Location 1: Situated in the most popular part of Iluka, the old part of town. It is a 906 m2 block with 2 road frontages, Zoned SP3 Tourism. Location 2: Captive audience directly opposite Caravan Park and recently completed Sedgers Reef Hotel. Location 3: High-profile corner block on the only road that leads to the Beach and Fisherman's Co-op on the River. Everybody walks by, rides by, drives by. Situated on this fully fenced property is a 4-bedroom house with solar electricity and gas hot water. It is in excellent condition for its age, having been meticulously maintained and renovated over the years, and was built in 1970. With 2 road frontages, there are 2 different accesses to the property. Adjacent to the house is a Studio/Granny flat with a bathroom and kitchen. Attached is an extra-high carport suitable for a large caravan or motorhome and a car. At the front of the property, the owners have taken advantage of the SP3 zoning and made a thriving business known as "Ol' Mates Place." It is a large, fully fitted-out food van. Its corner location has made it a very popular stop-and-grab takeaway, but there is also covered seating for 45 people. The SP3 zoning allows for many possible developments of the site, including shops and accommodation plus it can be subdivided subject to Council Approval. 92 Charles Street, Iluka offers a good income now and endless possibilities going forward. AI Proof! We can't sell the future but you can buy your future here. Ideal lifestyle property with proven income. Inspection a must to appreciate.
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