14 Queens Ln

Iluka NSW 2466

405 m²

936 m²

House

Currently for sale - view listing

Overview

Rare Coastal Investment Opportunity – Four Apartments, Multiple Income Streams & Stunning Bay Views

An exceptional opportunity to secure a unique coastal investment in the heart of Iluka, featuring four separate income-producing apartments and stunning views across Iluka Bay. Perfectly positioned just moments from the waterfront, this versatile property offers an attractive combination of permanent rental income and holiday accommodation, making it an appealing opportunity for investors seeking multiple income streams. The Property Features: * Upstairs: A spacious two-bedroom apartment capturing beautiful views across Iluka Bay, currently operating as holiday accommodation. * Downstairs: Two separate two-bedroom apartments and one self-contained studio, all currently permanently tenanted. * Four income-producing apartments under one ownership. * Generous off-street parking, covered carport and garage facilities. * Established trees, spacious grassed areas and outdoor entertaining spaces. * Conveniently located within walking distance of Iluka Bay, shops, cafés, beaches and local amenities. Invest, Holiday or Enjoy Both! With three established permanent tenancies and a popular holiday accommodation location, this property presents an exciting investment opportunity with flexibility for the future. There is also the potential to enjoy the upstairs apartment as your own coastal retreat while retaining rental income from the three downstairs apartments, subject to existing arrangements. Opportunities of this nature in sought-after Iluka are rarely available. Contact LJ Hooker Iluka today for further information or to arrange your private inspection.