Positioned along Maybe Street in the heart of Bombala, this mixed-use property presents an appealing opportunity for investors seeking an established income stream from both residential and commercial tenancies. With both components currently leased, 91 Maybe Street offers the advantage of two separate rental incomes within one property.
At the rear, the residential dwelling offers a practical and versatile layout comprising two bedrooms, an additional room that could serve as a third bedroom or extra living space (subject to relevant requirements), a separate study and a second toilet. The home also features wood heating, a gas bayonet, and a garage, adding to its overall functionality.
The residence is currently leased at $330 per week, with an increase to $350 per week taking effect from 1 December 2026. With a fixed-term lease in place until 6 December 2027, investors benefit from an established tenancy and ongoing rental income.
At the front of the property, the commercial shopfront is leased to an established tenant, currently returning $1,095 per month. Together, the residential and commercial components provide two separate income streams, making this an attractive option for investors looking to diversify their property portfolio.
Following the scheduled residential rent increase, the property will generate a combined gross rental income of approximately $31,340 per annum, representing an attractive gross rental yield of approximately 7.9% based on the advertised asking price of $395,000.
Located within the beautiful Snowy Monaro region, Bombala offers a welcoming community, local services and convenient access to both the Snowy Mountains and Sapphire Coast. Its established township location further adds to the appeal of this versatile investment.
Combining residential and commercial income, existing tenancies and an appealing rental return, 91 Maybe Street presents a worthwhile opportunity for investors seeking an income-producing property in the Snowy Monaro region.
Rates (approx.): $2,954.35 pa
Water Rates (approx.): $2,940.00 pa plus consumption
Liquid Trade Waste (approx.): $1,053.00 pa
Disclaimer: While we have made every effort to ensure the information in this document is accurate and up to date, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements. Prospective purchasers are advised to conduct their own investigations to verify the information provided.
