One of the best locations in town, a rare opportunity to secure a blue-chip holding right next to the Post Office and directly across from Bermagui's beach's, oval, and harbour. First time offered to the Market in 50 Years.
Comprising of two street-front retail shops, both currently leased to reliable long-term tenants, this property delivers excellent dual income streams.
Above the shops, you'll find a charming 2-bedroom apartment with a 50m² private outdoor entertainment deck capturing stunning beach and harbour views the perfect blend of lifestyle and investment.
All three tenancies are occupied by long-term, secure tenants, ensuring consistent and worry-free income.
Adding to the appeal, draft drawings have been completed for an exciting extension to the original front Village Store building, offering the potential to create a fourth income-producing property (STCA).Other options in the future could be to demolish the whole place and build 3 x shops and 4 x Apartments to 10M High(STCA), these apartments would catch the most incredible Beach Views.
This property ticks every box prime position, excellent returns, and exciting future potential all in one unbeatable coastal package.
A rare opportunity and solid investment,
Call Luke Casaceli on 0431 905 924. Bermagui's Longest Serving Active of Over 22 Years.
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