74 Spenser Street, Iluka, NSW 2466

An outstanding opportunity presents itself with this flexible use property in the heart of Iluka. Set on a 1,012m2 block, this beautiful property is a successful holiday rental known as 'The Greenroom' with a considerable sized return clientele. Zoned E1 to suit a range of on-site business uses and offering a flexible floorplan, the existing two level home can easily be reimagined into two separate residential rental properties with a three bedroom home upstairs joining a one bedroom unit downstairs. It also features an onsite café/restaurant set up, with a commercial kitchen and cool room.

Designed for comfort the upstairs residence features a light filled open plan living/dining area with stunning timber flooring and air conditioning, which opens onto two separate balconies perfect for alfresco entertaining. The modern kitchen features beautiful cabinetry and plenty of bench space with gas cooktop and stainless steel appliances. Perfect for preparing the family meals or a dinner party. The bathroom features a freestanding bath, shower and unique stone basin. Three large bedrooms feature ceiling fans and built in robes.

Downstairs is a one-bedroom residence that features an independent off-street entry, plus an open-plan living/dining area, separate bedroom with walk-in robe, stylish wet room-style bathroom and office space.

The upstairs and downstairs residences have separately metered solar panels.

An undercover deck abuts the commercial kitchen exit that leads to two external sheds. One high and open to accommodate caravans, boats or large vehicles and a smaller lockable shed that are both accessed from the rear laneway, offering ample vehicle storage options.

To the front of the property on the lower level, entry from the street finds you in a large open plan area with an adjoining deck. Perfect for use as a recreational area or as a dedicated café/restaurant space, the choice is yours. 

This property is one of a kind, perfect for the investor with multiple potential income streams or the owner occupier with the vision to create the perfect work/lifestyle balance.

Contact Nick Potente or Jodie Stroud today to arrange your private inspection.