COMMERCIAL AND RESIDENTIAL MIX

Secure your future with this lifetime income. Rare North Coast Beach Town Commercial with lots of options. Currently 3 x Commercial shops, 3 x 1 bedroom units and 1 x 4 bedroom unit. Currently returning $54,000 per annum.
Plenty of room for more development on this 1011 Sq Mt block with 2 road frontages. Iluka's premier street, Queen Lane, is the rear lane access.
Options include live on property and enjoy income and Iluka lifestyle. Use as holiday home and enjoy regular income. Or look at redevelopment potential. No backpackers in Iluka and this would make easy conversion. The B2 (Business Zoning) allows so much potential now or in the future. Inspection by appointment only.