10 Melville StreetIluka NSW 2466
Property Details for 10 Melville St, Iluka
10 Melville St, Iluka is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 564m2. While the property is not currently for sale or for rent, it was last sold in December 2009.
Last Listing description (January 2019)
This easily run milk distribution business, situated in the lovely coastal town of Iluka on the NSW North Coast, is ideal for those looking for a good income on a modest outlay.
Hours worked are only 23-25 hours, over 6 days per week - deliveries are to commercial outlets only. The business is contracted by NORCO Pty Ltd and deliveries are made to on-site cool room and storage rooms at the Iluka depot in the Iluka Industrial centre. Distribution is from this point.
The sale includes a 2009 refrigerated truck and body and all necessary distribution equipment.
Last year's nett income of $39-40,000 against the asking price makes this a very worthwhile purchase. Ideal for the semi-retiree, or as an adjunct to the main business. Inspection is highly recommended.
Property History for 10 Melville St, Iluka, NSW 2466
- 18 Sep 2018Listed for Sale Not Disclosed
- 21 Dec 2009Sold for $400,000
- 02 Jul 2009Listed for Sale $220,000
Recent sales nearby
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About Iluka 2466
The size of Iluka is approximately 12.8 square kilometres. There are 9 parks, covering nearly 51.3% of the total area. The population of Iluka in 2016 was 1718 people. By 2021 the population was 1764 showing a population growth of 2.7% in the area during that time. The predominant age group in Iluka is 60-69 years. Households in Iluka are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Iluka work in a trades occupation.In 2021, 65.40% of the homes in Iluka were owner-occupied compared with 65.50% in 2016.
Iluka has 1,665 properties. Over the last 5 years, Houses in Iluka have seen a 39.70% increase in median value, while Units have seen a 28.80% increase. As at 30 June 2026:
- The median value for Houses in Iluka is $928,066 while the median value for Units is $579,526.
- Houses have a median rent of $580 while Units have a median rent of $420.
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