122 Wagonga Street, Narooma

Freehold Commercial Shops and ResidenceGreat opportunity to secure this prominent main street building with fabulous development potential. This property represents a rare opportunity to acquire a large freehold commercial asset with residence above, with an additional block and residence with access from Garvan street. (Note: Premises for sale only, not the businesses)Features of the property.Commercial shops street level:•Large commercial premises currently leased as one shop but could be two separate entities. •Shop 1 is 63m² plus 35m² storage.•Shop 2 is 165m² plus 35m² storage.•Good rental income•Great street appeal and visibility.•Large shop front display windows.•Right in the heart of the main shopping district of Narooma.•Private rear parking for upstairs residence and shop staff.Upstairs Residence:•Two bedroom Unit with spectacular inlet and coastal views•Large lounge and dining area and separate front sunroom•185m² floor area•Recently renovated Bathroom•Covered deck with stunning water views.•Currently Owner occupiedNo 1 Garvan street•Two x 1 bedroom units•Large kitchens and living areas•Fantastic inlet views •Both currently rented.Zoned E1 this property is primed for mixed commercial and residential development