16-18 George St

An exceptional and tightly held offering, this iconic property presents a rare to secure both a beautifully appointed four-bedroom residence and a high-quality commercial building in the heart of Mylestom. The home showcases four generous bedrooms and a light-filled open-plan design, capturing stunning river views from the living area through to the expansive deck-an idyllic space for entertaining while watching sailboats drift by. With picturesque water views and an easy stroll to the beach, this remarkable property delivers the ultimate coastal lifestyle, paired with genuine long-term investment appeal. Commercial Highlights - Established tenant in place - Secure lease in place until November 2029 - Current return of $48,000 + GST per annum - Annual CPI increases from November 2026 Prominently positioned on a substantial double corner block, the property seamlessly combines a tastefully presented residence with a highly versatile commercial premises-firmly establishing itself as a landmark within this tightly held riverside and beachside village. Ideally located just 20 minutes south of Coffs Harbour, residents enjoy convenient access to a regional airport, hospitals, university, major retail centres, restaurants, and essential services, all while embracing the charm, tranquillity, and exclusivity of a blue-chip coastal enclave. Flexible Living & Income Options - Live in the residence and enjoy an enviable coastal lifestyle - Lease the home for consistent long-term rental income - Capitalise on strong Airbnb or short-term accommodation returns - Secure a stable commercial income stream for diversified returns Whether you're seeking a premium lifestyle acquisition, an owner-occupier opportunity with income security, or a strategic coastal investment with multiple revenue streams, this exceptional property delivers flexibility, comfort, and enduring value. Opportunities of this calibre in Mylestom are rarely offered. This is coastal real estate at its finest-tightly held, highly versatile, and not to be missed.