3 Iluka Road, Palm Beach NSW 2108

$1,900,000

3 beds

2 baths

2 parking

Endless Opportunity, Premier Address

Lifestyle - This versatile beach house presents a golden opportunity to enjoy one of Palm Beaches' most coveted addresses while taking advantage of the well designed lower level to run a variety of business concerns. The property offers two separate lots on one title and is zoned for R2 Low Density Residential, which would allow the buyer to create a range of lucrative ventures with council consent. Adding further appeal is its dual street access, with the home facing Iluka and its ground floor fronting onto Barrenjoey Road.

Accommodation - Brimming with natural light and built with enduring double brick construction, the upper level features a spacious open plan design, elevated entertaining terrace, retro gas equipped kitchen and two serene bedrooms. The fully self-contained ground floor is currently configured as a large one bedroom studio, with doors opening to an alfresco garden area; it enjoys a direct entrance from Barrenjoey Road. Just steps from Snapperman's Beach, its prime location also a short stroll to Palm Beaches' finest boutiques, restaurants and ferry wharf.

Features - Potential is endless for this flexible property; it can easily convert to a substantial family home, yet has been approved for operating a range of business concerns as varied as child care centre, bed and breakfast, gallery or veterinary hospital, among many possibilities. It is also presents an excellent investment opportunity with substantial income that can be generated from both properties; its premier setting is within easy reach of bus transport, moments to the sand and surf at Palm Beach.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 2
• Other Parking: 2
• Outgoings: 4348.00
• Tenancy: Vacant