122 Wagonga Street, Narooma

Freehold Commercial Shops and Residence Great 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 occupied No 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