Selling Agent's Description
River Views | Dual-Income Opportunity | Commercial Lease Secured to 2029
Imagine waking each morning to sweeping river views, coffee on the sunlit deck, and a short stroll to the beach – all while enjoying the security of a long-term commercial income stream already in place.
Positioned on a prominent double corner block in the heart of tightly held Mylestom, this exceptional property combines a spacious four-bedroom coastal residence with an established commercial premises returning $48,000 + GST per annum, securely leased until November 2029.
Light-filled open-plan living flows effortlessly onto the expansive elevated entertaining deck, capturing stunning river vistas and cooling coastal breezes. Offering an enviable balance of lifestyle and investment performance, this is a property designed to deliver both immediate enjoyment and long-term value.
Rarely do opportunities arise that provide:
• genuine coastal lifestyle appeal,
• diversified income security,
• and future flexibility within one tightly held asset.
Whether you are seeking a sea change, a live-and-earn setup, a strategic SMSF acquisition, or a quality long-term investment, this property presents compelling possibilities in one of the Mid North Coast’s most tightly held coastal villages.
Property Highlights
• Secure commercial lease returning $48,000 + GST per annum
• Lease secured until November 2029
• CPI rental increases commencing November 2026
• Rare mixed residential/commercial holding
• Spacious four-bedroom coastal residence
• Open-plan living filled with natural light
• Expansive entertaining deck with sweeping river views
• Flexible owner-occupier and investment options
• Potential for holiday accommodation or permanent rental income (STCA)
• Prominent double corner position
• Easy walk to beach, river, café, and village amenities
• Approx. 20 minutes to Coffs Harbour Airport, hospital, and major services
With increasing attention on proposed future changes to property investment policy and taxation settings, established income-producing coastal assets are attracting growing interest from both investors and lifestyle buyers seeking security, flexibility, and long-term growth potential.
Properties combining passive income, coastal lifestyle, and landholding prominence are exceptionally difficult to secure – particularly within tightly held villages such as Mylestom.
Inspect today and experience the lifestyle, flexibility, and investment opportunity for yourself.
