This unique investment property combines the best of both commercial and residential spaces, making it a rare and valuable find. Ideally situated on a main road in the sought-after Port Stephens tourist region, this property features six residential units and four commercial spaces, creating a diversified income stream. Most tenants are long-term, underlining the strong demand and reliability of this income-generating asset.
The property's strategic location ensures excellent exposure to high volumes of passing traffic, enhancing the appeal of its commercial units. Just an approx. 8km drive from Newcastle Airport, and a mere 33km drive from Newcastle CBD and the popular tourist destination of Nelson Bay, this property's proximity to key attractions makes it highly desirable for both tenants and customers. This ideal positioning, combined with the bustling local tourism, contributes to a consistent flow of interest and foot traffic year-round.
In addition to delivering solid returns, this property offers outstanding potential for growth. Investors have the opportunity to renovate or modernize, further increasing the property's value and rental income. A well-designed carpark at the front accommodates up to 10 vehicles, providing convenient parking for tenants and their clients.
With its strong mix of long-term residential and commercial tenants, high-demand location, and growth potential, this property is the perfect investment for those looking to establish a reliable, high-yield portfolio in a thriving area. Secure your place in the ever-popular Port Stephens region and capitalize on this exceptional opportunity to expand your real estate investments. Contact Tim De La Hunty on 0413 207 798 to schedule your private viewing today.
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