16-18 George St

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.