An exceptional opportunity to secure a high-performing commercial asset in the heart of a bustling tourist destination just 90 minutes from Melbourne.This fully renovated property features two modern shopfronts with Main Street exposure, offering excellent visibility and steady foot traffic. Currently leased to established tenants until 15 April 2026, the property generates a reliable rental return of $4,120 per month.Each shop includes:Contemporary retail or office spaceMultiple storage roomsPower roomsKitchen facilitiesProminent street frontage in a thriving commercial hubBeyond the commercial appeal, the rear of the property offers a rare development opportunity (STCA) for a residential dwelling creating the potential for a three-stream income and maximising long-term return on investment.With a strong rental history, modern upgrades, and future development potential, this is a blue-chip investment in a tightly held location.
The size of Nagambie is approximately 144.9 square kilometres. There are 8 parks, covering nearly 0.6% of the total area. The population of Nagambie in 2016 was 1886 people. By 2021 the population was 2254 showing a population growth of 19.5% in the area during that time. The predominant age group in Nagambie is 60-69 years. Households in Nagambie are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Nagambie work in a labourer occupation.In 2021, 72.90% of the homes in Nagambie were owner-occupied compared with 70.90% in 2016.
Nagambie has 2,081 properties. Over the last 5 years, Houses in Nagambie have seen a 17.66% increase in median value, while Units have seen a -5.89% decrease. As at 31 July 2026:
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