This fantastic property, front and centre on main street Iluka is a rare find indeed. Offering unparalleled opportunity with 'SP3' zoning and dual street access.
Strategically located under just over an hour from Byron Ballina airport, only 2 hours drive to Gold Coast Airport and 3 hours to Brisbane airport. Across the Clarence River from the charming town of Yamba, Iluka is a community on the rise. This area is witnessing exciting developments, including the construction of a brand-new pub and a large residential subdivision, signalling a bright demand led future for the region.
Key features of this property include:
Prime Location: Situated on the main street adjacent to shopping complex and supermarket, this quarter-acre lot is ideally positioned close to the bay and beaches, making it a highly desirable spot for both residents and tourists.
Flexible Zoning: With its tourism zoning, the property offers unparalleled flexibility, allowing for a wide range of potential uses and developments to suit your vision.
Existing Structures: The lot currently houses two quaint shops, anchored by a long-term, stable tenant who has been in place for over a decade, offering immediate rental income.
Untapped Opportunities: The property's layout, with only the front section currently utilized, opens up numerous possibilities for the undeveloped rear portion. This space is ripe for exploration and could be transformed into additional residential units, commercial spaces, or other creative ventures.
This Iluka gem represents a unique chance to capitalize on a property with limitless potential, situated in a community that's poised for significant growth and development. Whether you're looking to invest, develop, or create a mixed-use oasis, this quarter-acre lot is an opportunity not to be missed.