OPPORTUNITY TO PURCHASE STORAGE UNITS AT ILUKA.
A great opportunity for investors in this growing area of the North Coast, to invest in a safe, and always-in-demand article, which is showing good returns, with very little maintenance cost.
Situated on 660m2 and zoned industrial, the 15 units (6m x 3m) have excellent all-weather road way access from the front. Building constructed of concrete block with an iron roof. Each unit has a double lockable Rolladoor entry for easy storage.
Income and expenditure figures for the 2016/17 year are available to interested buyers. Estimated occupancy rate of around 80%. Rates are $2,053.00 per annum.
Due to the creation of the new highway, this area has seen a great improvement in property prices and investors looking to move here, and looks like continuing for some time. As a result, demand for storage units can only increase.
For inspection and further information, please contact this office on (02) 66 462 400, and speak to Grant or Michelle, or ring Ian Dunbar on 0414 949 531.
Fast Facts about Iluka
The suburb of Iluka is located in the Local Government area of Clarence Valley and covers an area of approximately 12.8 Sq Km.
The surrounding suburbs include Yamba, Woody Head and The Freshwater.
Currently, the median sale price of Houses, Units and Vacant Land in Iluka is $350,652 compared to $310,467 for the Local Government Area of Clarence Valley.
Local Amenities include 3 Clubs, a Golf Course, a Post Office and 2 Churches of different denominations.
There are 3 Parks, a Child Care Centre and a Primary School.
In 2011, the population of Iluka was 1,704, with the main age group being people between 60 and 69 years of age.
Married people account for 69% of the population and households in Iluka are mainly Couples with no children.
There are approximately 781 dwellings, with the majority of these (69%) being house. 51.5% of properties in the area are fully owned, with 10.6% of the properties being purchased and 65% being owner occupied.
The largest segment of the population are Not in Labour Force, in general those in employment work as Labourers with most people travelling to work by driving a car.