14 Iluka St, Narrabundah is a 0 bedroom, 0 bathroom House with 2 parking spaces. The property has a land size of 222m2 and floor size of 450m2. While the property is not currently for sale or for rent, it was last sold in September 1999.
Raine & Horne Commercial Canberra are pleased to offer 14 Iluka Street for sale.
This 420sqm* single-title building is truly unique due to it's mixed use purpose clause permitting retail, office & residential uses, flexible floor plan and affluent inner south location.
The property is located within the Narrabundah Shops; a neighbourhood shopping centre boasting a complimentary mix of retail offerings such as the popular XO Restaurant, Danny's Bakery, Friendly Grocer, Narrabundah Pharmacy & Post Office. The centre benefits from ample car parking and public toilets.
The ground floor comprises a 150sqm* retail tenancy with a pending brand new 5+5 year NET lease, commencing 1st March 2023 at $75,000pa plus outgoings, with fixed rental increases at 4% per annum. This will provide the new building owner with immediate long-term passive income.
The upper floors give ultimate flexibility by providing a range of options including trendy office space or two large 'loft style' residential apartments comprising multiple bathrooms, kitchens, mezzanines & balconies with LED lighting & high ceilings throughout providing for plenty of natural light.
The property also incudes a double (tandem) garage to the rear with an auto roller door and internal access.
Inspections are highly recommended!
For further information or to arrange a private viewing, please contact the exclusive selling agent, Mark Nicholls of Raine & Horne Commercial on 0417239551.
* floor areas are approximate and subject to survey
The size of Narrabundah is approximately 4.1 square kilometres. It has 14 parks covering nearly 25.7% of total area. The population of Narrabundah in 2016 was 5960 people. By 2021 the population was 6455 showing a population growth of 8.3% in the area during that time. The predominant age group in Narrabundah is 40-49 years. Households in Narrabundah are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Narrabundah work in a professional occupation.In 2021, 59.20% of the homes in Narrabundah were owner-occupied compared with 54.90% in 2016.
Narrabundah has 3,134 properties. Over the last 5 years, Houses in Narrabundah have seen a 31.96% increase in median value, while Units have seen a 28.73% increase. As at 31 January 2026:
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