Nestled in the highly sought after original part of Iluka, 78 Spenser Street presents a unique blend of comfort, convenience, and potential, making it a highly desirable property for both homeowners and investors. This meticulously maintained home, ready for immediate occupancy or leasing, offers a versatile living arrangement and development opportunities on a substantial 1018sqm corner block.
Key Features:
Dual Living Potential: The upper level boasts a bright and airy layout, featuring three bedrooms, a single bathroom, a welcoming loungeroom, and a well-appointed kitchen. The lower level offers independence and privacy, complete with one bedroom, one bathroom, a kitchenette, and a loungeroom, perfect for extended family, guests, or as a separate rental opportunity.
Expansive Corner Block: The generous 1018sqm corner block, with access from Spenser Street, Denne Street, and Charles Lane, provides ample space for outdoor activities, gardening, or future expansion. The R2 Low Density Residential zoning opens the door to potential development opportunities, subject to council approvals.
Prime Location: Situated opposite the bowling club and within walking distance to the river, beach, and the soon-to-be-completed Sedgers Reef Hotel, this property promises a lifestyle of leisure and convenience. Whether it's a morning walk on the beach, an afternoon of bowling, or a dinner at the chic Sedgers Reef Hotel, entertainment and relaxation are just moments away.
Investment Opportunity: With its dual living arrangement, this property offers an attractive proposition for investors seeking a dual income stream. The ready-to-move-in condition minimizes downtime, while the development potential adds a long-term value proposition.
78 Spenser Street, Iluka, is a rare find that combines lifestyle, location, and potential in one attractive package. Whether you're looking to create your dream home, seeking a smart investment with dual income possibilities, or exploring development opportunities, this property ticks all the boxes. Don't miss the chance to make it yours.
