Property Details
60B Maurice Avenue, Mallacoota Vic 3892
For Sale $1,700,000Description
Strategically Located Commercial Shops and Residential Apartments
Retail - Mallacoota Vic
Presenting a remarkable investment opportunity in the heart of Mallacoota, 60B Maurice Ave offers a diverse portfolio of income streams, uniquely combining residential and commercial spaces. This property is a blend of luxury, convenience, and stable financial returns, making it an ideal acquisition for the astute investor.
Upstairs Residential Rentals: High Tide Luxurious Apartment & Studio
- High Tide Luxurious Apartment: Newly refurbished, this apartment features two bedrooms and accommodates up to six guests, perfect for families or groups. It includes quality linen, bath towels, a large spa bath, and a serene rear deck.
- High Tide Studio: Ideal for couples or smaller groups, this studio offers privacy and elegance, providing an exclusive retreat for two guests.
Both accommodations are situated in Mallacoota’s main street, offering easy access to local shops and eateries while maintaining privacy and tranquility. These rentals represent a lucrative aspect of this investment, with potential for high rental yields, especially during peak tourist seasons.
Downstairs Commercial Tenancies: Mallacoota Post Office & Salt Home & Living
- Mallacoota Post Office: A cornerstone of local commerce, the post office ensures consistent foot traffic and stable tenancy.
- Salt Home & Living: This stylish retail shop offers unique home and lifestyle products, enhancing the property’s appeal.
Both tenants have a proven track record of success and stability, adding to the investment’s attractiveness through reliable rental income.
Location and Lifestyle
Mallacoota is known for its stunning natural beauty, including the lake, rivers, ocean, and National Park. This property offers not just an investment in real estate but a stake in a thriving, vibrant community.
Investment Highlights
- Diversified income streams from both residential and commercial tenancies.
- Prime location in the heart of Mallacoota.
- High potential for capital growth in a sought-after area.
- Well-maintained property with recent refurbishments in residential units.
- Strong existing tenancy agreements with reputable businesses.
For further information and to explore this unparalleled investment opportunity, please contact Allan Dobbin at 0418 833 770, Mallacoota Property Sales. Discover how 60B Maurice Ave, Mallacoota, can become a cornerstone of your investment portfolio.
Property Features
- Retail
- Land is 400 m²
- Floor Area is 400 m²