$2,800,000
Bed
9
Bath
5
Car
8
- Property ID 21330033
- Bedrooms 9
- Bathrooms 5
- Garage 2
- Carports 3
- Air Conditioning 5 air conditioners
- Land Size 1625 sqm
- Units In Complex 4
- Broadband
- Built In Robes
- Car Spaces 3
- Deck
- Dishwasher
- Furnished
- Hot Water Service Electric
- Reverse Cycle
"Akuli by the Sea"
"Akuli by the Sea" is a 3 x 2 bedroom and 1 x 3 bedroom unit complex close to the Clarence River, Iluka Fish Co-Op and Sedgers Reef hotel on Iluka Bay. It is situated on a 1625 m2 flood free block . The 3x 2 bedroom units have their own laundry and carports with extra parking on the grass adjacent. The 3 bedroom unit is elevated and sits above a DLUG with a concrete floor between. The large storeroom with it's own toilet and shower share the down stair space. Fenced on 3 sides, the property has a separate storage area suitable for boat or caravan storage and private fenced yard for the 3 bedroom unit.
Opposite the units finds a large covered entertaining and barbeque area and a quirky chill out sitting area. The complex is on the east side of the property leaving plenty of room for more units, swimming pool or subdivision subject to council approval. The original owners built and completed in 1985 where they lived on site and managed it as holiday units. The current owners purchased it with the intent to permanently move to Iluka and live on site and manage the units. Unfortunately, their family and business interests in Sydney still require their full time attention and they have reluctantly made the decision to sell the property. Over the last 3 years they have made numerous upgrades to the fully furnished and self contained units and to the property grounds themselves. The complex has been run as holiday units and with nothing to spend is being offered as a going concern with future bookings in place. Unit complexes of this nature rarely come onto the north coast of NSW market and "Akuli by the Sea" represents a great opportunity for a sea change with income. Lots of possibilities here and an inspection is a must to appreciate.
