122 Wagonga Street

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