48 Compton Street, Iluka, NSW 2466

$855,000 to $885,000

House
Type
4
Bedrooms
2
Bathrooms
1
Parkings
689 m²
Area

Published on Friday, October 23, 2026 ( See property details for 48 Compton Street, Iluka, NSW 2466)

$855,000 to $885,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual-residence property in Iluka offering coastal charm, modern comforts, and excellent investment potential.

🏡 Property Highlights

  • Two separate residences on one block offering versatile living options
  • Fully renovated front cottage with modern kitchen and coastal charm
  • Separate rear granny flat providing additional accommodation and income potential
  • Generous undercover entertaining area and deck for outdoor living
  • Fully fenced yard ensuring privacy and security
  • Potential for dual rental income, ideal for investors or extended families

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Fully fenced
  • Garage / Secure Parking
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Ceiling Fans
  • Pet-Friendly
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48 Compton Street
Iluka, NSW 2466
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Vertical aerial view — 48 Compton Street
48 Compton Street — Vertical Aerial  •  Iluka, NSW 2466  •  Nearmap © 2026

Iluka is a peaceful seaside town renowned for its pristine beaches, tranquil waterways, and relaxed coastal lifestyle. The area offers excellent fishing, boating, and outdoor activities, making it ideal for families and retirees alike. With a close-knit community and stunning natural surroundings, Iluka provides a perfect escape to nature while still being accessible to amenities. Its charming atmosphere and investment potential make it a highly desirable location for buyers seeking a coastal lifestyle.

What is the condition of the original cottage and granny flat?
Both the front cottage and rear granny flat have been well-maintained, with the cottage recently renovated to include a modern kitchen and comfortable living spaces, while the granny flat offers spacious accommodation with outdoor entertaining areas.
Can the property be used for short-term holiday rentals?
Yes, the dual-residence setup makes it suitable for holiday rentals, subject to local council approvals and regulations.
Is there potential for future development or extensions?
The property’s zoning and land size allow for potential extensions or development, but it is recommended to consult local planning authorities for specific regulations.
Are there any restrictions on pets?
The property is pet-friendly, with a fully fenced yard suitable for pets.
What are the nearby amenities and services?
Iluka offers local shops, cafes, beaches, waterways, and recreational facilities, all within easy reach of the property.
Are there any existing easements, covenants, or zoning restrictions affecting the property? Has the property been affected by flooding or bushfire risks in the past? Are there any upcoming development plans or construction projects in the vicinity? What are the council rates and ongoing maintenance costs for both residences? Is there any history of pest or structural issues with either the cottage or granny flat?

48 Compton Street, Iluka, NSW 2466 - More Details

$855,000 to $885,000

Offering versatility, coastal charm and fantastic investment potential, 48 Compton Street presents a unique opportunity to secure two separate residences on one block in the beautiful seaside town of Iluka.

Whether you're looking to expand your investment portfolio, accommodate extended family, or enjoy your own coastal getaway while generating rental income, this property offers plenty of possibilities.

The Front Cottage – Coastal Charm with Modern Comforts

Full of character, the original two-bedroom cottage has been tastefully renovated while retaining its relaxed coastal appeal. Featuring a modern kitchen, comfortable living area with a cosy wood fire heater, and a fully fenced yard, this inviting home offers easy, low-maintenance living.

The Rear Residence – Space, Privacy & Flexibility

Positioned at the rear of the property is a separate two-bedroom, one-bathroom granny flat, providing additional accommodation and flexibility. Complete with a spacious undercover entertaining area and deck, it's an ideal space to relax, unwind and enjoy the coastal lifestyle.

Property Highlights:

* Two separate residences on one block
* Front cottage featuring two bedrooms and one bathroom
* Renovated kitchen and cosy wood fire heater
* Rear granny flat with two bedrooms and one bathroom
* Generous undercover entertaining area and deck
* Fully fenced yard and secure parking
* Combined electricity supply
* Potential for dual rental income
* Flexible living arrangements for extended family or personal use
* An Opportunity Worth Exploring

With two residences offering a range of possibilities, this property is particularly appealing to investors seeking multiple income streams or buyers wanting the flexibility to live in one residence and rent out the other.

Enjoy everything that makes Iluka so special, from its beautiful beaches and peaceful waterways to its relaxed coastal atmosphere.

Two homes, multiple possibilities and one fantastic Iluka opportunity.

Contact the team at LJ Hooker Iluka today to arrange your inspection.
Type
House
Bedrooms
4
Bathrooms
2
Parkings
1
Area
689 m²

Map & nearby places — 48 Compton Street, Iluka, NSW 2466

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

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