16-18 George St, Mylestom NSW 2454
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Iconic One-of-a-Kind Residential & Commercial Property - Mylestom
An exceptional and tightly held offering, this iconic property presents a rare opportunity to secure both a beautifully appointed four-bedroom residence and a quality commercial building in the heart of Mylestom.
The home features four spacious bedrooms and an open-plan living design that captures stunning river views from the living room through to the deck - a wonderful space to entertain while watching the sailboats. With picturesque water views and an effortless stroll to the beach, this remarkable property delivers the ultimate coastal lifestyle combined with genuine long-term investment appeal.
Commercial Highlights
• Established tenant in place
• Secure lease until November 2029
• Current return of $48,000 + GST per annum
• Annual CPI increases from November 2026
Positioned prominently 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, Mylestom offers convenient access to a regional airport, hospitals, university, major retail centres, restaurants and essential services, while retaining the charm, tranquillity and exclusivity of a blue-chip coastal enclave.
Flexible Living & Income Options
• Live in the residence and enjoy the lifestyle
• Lease the home for long-term rental income
• Capitalise on strong Airbnb or short-term accommodation returns
• Secure the commercial income stream for stable, 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 remarkable property delivers flexibility, comfort and enduring value.
Opportunities of this in Mylestom are rarely offered.
This is coastal real estate at its finest - tightly held, highly versatile, and not to be missed.
The home features four spacious bedrooms and an open-plan living design that captures stunning river views from the living room through to the deck - a wonderful space to entertain while watching the sailboats. With picturesque water views and an effortless stroll to the beach, this remarkable property delivers the ultimate coastal lifestyle combined with genuine long-term investment appeal.
Commercial Highlights
• Established tenant in place
• Secure lease until November 2029
• Current return of $48,000 + GST per annum
• Annual CPI increases from November 2026
Positioned prominently 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, Mylestom offers convenient access to a regional airport, hospitals, university, major retail centres, restaurants and essential services, while retaining the charm, tranquillity and exclusivity of a blue-chip coastal enclave.
Flexible Living & Income Options
• Live in the residence and enjoy the lifestyle
• Lease the home for long-term rental income
• Capitalise on strong Airbnb or short-term accommodation returns
• Secure the commercial income stream for stable, 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 remarkable property delivers flexibility, comfort and enduring value.
Opportunities of this in Mylestom are rarely offered.
This is coastal real estate at its finest - tightly held, highly versatile, and not to be missed.
Property Features
Air Conditioning • Entertainment Area • Polished Timber Floors • Solar Panels •
Suzanne Atkinson
Licensed Real Estate Agent
Bellingen
