Offering versatility, coastal charm and fantastic investment potential, 48 Compton Street presents a unique opportunity to secure two separate residences on one block in the beautiful seaside town of Iluka.
Whether you're looking to expand your investment portfolio, accommodate extended family, or enjoy your own coastal getaway while generating rental income, this property offers plenty of possibilities.
The Front Cottage – Coastal Charm with Modern Comforts
Full of character, the original two-bedroom cottage has been tastefully renovated while retaining its relaxed coastal appeal. Featuring a modern kitchen, comfortable living area with a cosy wood fire heater, and a fully fenced yard, this inviting home offers easy, low-maintenance living.
The Rear Residence – Space, Privacy & Flexibility
Positioned at the rear of the property is a separate two-bedroom, one-bathroom granny flat, providing additional accommodation and flexibility. Complete with a spacious undercover entertaining area and deck, it's an ideal space to relax, unwind and enjoy the coastal lifestyle.
Property Highlights:
* Two separate residences on one block
* Front cottage featuring two bedrooms and one bathroom
* Renovated kitchen and cosy wood fire heater
* Rear granny flat with two bedrooms and one bathroom
* Generous undercover entertaining area and deck
* Fully fenced yard and secure parking
* Combined electricity supply
* Potential for dual rental income
* Flexible living arrangements for extended family or personal use
* An Opportunity Worth Exploring
With two residences offering a range of possibilities, this property is particularly appealing to investors seeking multiple income streams or buyers wanting the flexibility to live in one residence and rent out the other.
Enjoy everything that makes Iluka so special, from its beautiful beaches and peaceful waterways to its relaxed coastal atmosphere.
Two homes, multiple possibilities and one fantastic Iluka opportunity.
Contact the team at LJ Hooker Iluka today to arrange your inspection.
