Description
An exceptional opportunity to secure a high-performing investment property in one of Iluka's most sought-after locations. Spread across two titles, 56-58 Duke Street comprises six well-maintained units on a generous 1,924m² parcel of land.
This solid brick complex features:
• 2 x three-bedroom units
• 4 x two-bedroom units
• 14 bedrooms, 6 bathrooms, and 8 car spaces in total
Each unit is well presented and occupied by excellent long-term tenants, ensuring consistent rental income and minimal vacancy risk. The property has been proudly held by the current owner for over 22 years, a true testament to its reliability as a low-maintenance, "set and forget" investment.
With its existing configuration and previous approvals, there is also potential for use as boarding accommodation (STCA), offering flexibility and scope to further enhance returns.
Ideally positioned within easy reach of Iluka's beaches, river, shops, and local amenities, this is a rare opportunity to secure a proven income-generating asset with strong returns and future potential.
Whether you're expanding your portfolio or seeking a secure long-term investment, 56-58 Duke Street represents outstanding value in a tightly held coastal market.
Outdoor Features
- Outdoor Entertainment Area
- Secure Parking
Indoor Features
- Built-in Wardrobes
Floorplans
Floor Plan 1
