Coastal Lifestyle + Secure Passive Income in the Heart of Mylestom
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 Self Managed Super Fund 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, cafe 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.
