16 George Street

Mylestom NSW 2454

Light-filled open-plan living flows effortlessly onto the expansive elevated entertaining deck, capturing stunning river vistas and cooling coastal breezes. Offering an enviable balance of lifestyle and investment performance, this is a property designed to deliver both immediate enjoyment and long-term value.
Rarely do opportunities arise that provide:
genuine coastal lifestyle appeal,
diversified income security,
and future flexibility within one tightly held asset.
Whether you are seeking a sea change, a live-and-earn setup, a strategic Self Managed Super Fund acquisition, or a quality long-term investment, this property presents compelling possibilities in one of the Mid North Coast's most tightly held coastal villages.

Property Highlights
Secure commercial lease returning $48,000 + GST per annum
Lease secured until November 2029
CPI rental increases commencing November 2026
Rare mixed residential/commercial holding
Spacious four-bedroom coastal residence
Open-plan living filled with natural light
Expansive entertaining deck with sweeping river views
Flexible owner-occupier and investment options
Potential for holiday accommodation or permanent rental income (STCA)
Prominent double corner position
Easy walk to beach, river, cafe and village amenities
Approx. 20 minutes to Coffs Harbour Airport, hospital, and major services

With increasing attention on proposed future changes to property investment policy and taxation settings, established income-producing coastal assets are attracting growing interest from both investors and lifestyle buyers seeking security, flexibility, and long-term growth potential.
Properties combining passive income, coastal lifestyle, and landholding prominence are exceptionally difficult to secure - particularly within tightly held villages such as Mylestom.
Inspect today and experience the lifestyle, flexibility, and investment opportunity for yourself.