16 George StreetMylestom NSW 2454
Property Details for 16 George St, Mylestom
16 George St, Mylestom is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 628m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Last Listing description (April 2026)
An exceptional and tightly held offering, this iconic property presents a rare to secure both a beautifully appointed four-bedroom residence and a high-quality commercial building in the heart of Mylestom.
The home showcases four generous bedrooms and a light-filled open-plan design, capturing stunning river views from the living area through to the expansive deck-an idyllic space for entertaining while watching sailboats drift by. With picturesque water views and an easy stroll to the beach, this remarkable property delivers the ultimate coastal lifestyle, paired with genuine long-term investment appeal.
Commercial Highlights
Established tenant in place
Secure lease in place until November 2029
Current return of $48,000 + GST per annum
Annual CPI increases from November 2026
Prominently positioned on a substantial double corner block, the property seamlessly combines a tastefully presented residence with a highly versatile commercial premises-firmly establishing itself as a landmark within this tightly held riverside and beachside village.
Ideally located just 20 minutes south of Coffs Harbour, residents enjoy convenient access to a regional airport, hospitals, university, major retail centres, restaurants, and essential services, all while embracing the charm, tranquillity, and exclusivity of a blue-chip coastal enclave.
Flexible Living & Income Options
Live in the residence and enjoy an enviable coastal lifestyle
Lease the home for consistent long-term rental income
Capitalise on strong Airbnb or short-term accommodation returns
Secure a stable commercial income stream for diversified returns
Whether you're seeking a premium lifestyle acquisition, an owner-occupier opportunity with income security, or a strategic coastal investment with multiple revenue streams, this exceptional property delivers flexibility, comfort, and enduring value.
Opportunities of this calibre in Mylestom are rarely offered.
This is coastal real estate at its finest-tightly held, highly versatile, and not to be missed.
Property History for 16 George St, Mylestom, NSW 2454
- 26 Feb 2026Listed for Sale $2.65m
- 07 Nov 2022Sold
- 22 Nov 2017Sold for $1,075,000
Recent sales nearby
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0About Mylestom 2454
The size of Mylestom is approximately 5.1 square kilometres. It has 2 parks. The population of Mylestom in 2016 was 344 people. By 2021 the population was 336 showing a population decline of 2.3% in the area during that time. The predominant age group in Mylestom is 60-69 years. Households in Mylestom are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mylestom work in a community and personal service occupation.In 2021, 67.60% of the homes in Mylestom were owner-occupied compared with 70.80% in 2016.
Mylestom has 275 properties. Over the last 5 years, Houses in Mylestom have seen a 60.25% increase in median value, while Units have seen a 57.37% increase. As at 31 March 2026:
- The median value for Houses in Mylestom is $955,502 while the median value for Units is $542,809.
- Houses have a median rent of $380.
Suburb Insights for Mylestom 2454
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