Floor plan
Kitchen
Freehold Commercial Shops and Residence
Great opportunity to secure this prominent main street building with fabulous development potential. This property represents a rare opportunity to acquire a large freehold commercial asset with residence above, with an additional block and residence with access from Garvan street. (Note: Premises for sale only, not the businesses)
Features of the property.
Commercial shops street level:
? Large commercial premises currently leased as one shop but could be two separate entities.
? Shop 1 is 63m? plus 35m? storage.
? Shop 2 is 165m? plus 35m? storage.
? Good rental income
? Great street appeal and visibility.
? Large shop front display windows.
? Right in the heart of the main shopping district of Narooma.
? Private rear parking for upstairs residence and shop staff.
Upstairs Residence:
? Two bedroom Unit with spectacular inlet and coastal views
? Large lounge and dining area and separate front sunroom
? 185m? floor area
? Recently renovated Bathroom
? Covered deck with stunning water views.
? Currently Owner occupied
No 1 Garvan street
? Two x 1 bedroom units
? Large kitchens and living areas
? Fantastic inlet views
? Both currently rented.
Zoned E1 this property is primed for mixed commercial and residential development.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 2 | 2 | -m2 | Year 2024 Month 11 Day 28 | $495,000 | Council approved | |
 | 0.20 km | 1 | 1 | -m2 | Year 2024 Month 11 Day 07 | - | Council approved | |
 | 0.20 km | 2 | 1 | -m2 | Year 2024 Month 08 Day 25 | $422,500 | Council approved | |
 | 0.14 km | 2 | 2 | -m2 | Year 2024 Month 08 Day 18 | $515,000 | Council approved | |
 | 0.35 km | 4 | 2 | -m2 | Year 2024 Month 08 Day 12 | - | Council approved |