As the highway upgrade gains momentum 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 at the preferred end of town, just a short walk to beach, bay and national park. This together with the proposed redevelopment of the Hotel ensures occupancy, returns and capital growth.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. - Two near new 2 bedroom units, 1 bath, 1 carport- One spacious 2 bedroom unit, 1 bath, 2 garages, with views of the Bay- One ground floor 1 bedsit unit, 1 bath- 2 street frontage- Premier locationLocation and income, in the never to be repeated holiday village of Iluka!
