Offering a rare combination of established commercial income and comfortable residential living, this corner property is perfectly positioned in a busy, flat area of Narooma, providing excellent exposure and easy accessibility. Ideal for investors or owner-occupiers, the property benefits from long-standing tenants and a highly visible location.
Key Features:
- Shop 1: Narooma Thai Restaurant – 130 sqm: Fully equipped commercial kitchen and dining area, consistently leased to a long-standing tenant, offering reliable rental income and a popular dining destination in town. Current Lease in place to June 2026 for $850 per week.
- Shop 2: Song Bee Clothing – 71 sqm: Well-known retail space within the Narooma community, providing another stable tenancy. Lease in place to July 2026 at $400 per week.
- Unit 1: 2 Bed, 2 Bath Residential Unit – 106 sqm: Spacious upstairs apartment with new flooring, perfect for comfortable long-term living or additional rental income. Lease in place to June 2026 at $300 per week.
- Unit 2: 2 Bed, 1 Bath Residential Unit – 79 sqm: Another upstairs unit featuring a functional layout and light-filled spaces. Lease in place to June 2026 at $240 per week.
- Parking & Access: Four dedicated car spots for tenants including a secure lock-up single garage, plus additional strata parking for customers.
- Location & Exposure: Situated on a highly visible corner block in a flat, high-traffic area, offering excellent passing trade and easy accessibility for both commercial and residential occupants.
This property represents a solid investment with multiple income streams, combining the security of established commercial tenants with the flexibility of two modern residential units. With long-term leasing in place and a prime location, it’s a standout opportunity in Narooma’s commercial precinct.
Additional Information:
Council Rates: Approx $4,907.19 per annum
Strata Rates: Approx. $3,893.75 per qtr
*DISCLAIMER: While Whale Coast Realty have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Whale Coast Realty urge prospective purchasers to make their own inquiries to verify the information contained herein.*
