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90 Melbourne Street, Mulwala NSW 2647

$1,550,000

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$1.55M - $1.63M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 3 Baths 2 Cars 688 m²

Listed: 12th May 2026

Updated: 18 days ago

Overview

90 Melbourne Street in Mulwala presents a landmark opportunity combining both residential and commercial properties in a prime central location. This rare offering includes a solid double-storey house alongside a standalone commercial office building, providing versatile options for investors, business operators, developers, or those seeking a live-and-work lifestyle.

The residential dwelling features three bedrooms and three bathrooms, including five toilets, spread over two levels. The home boasts water views and offers excellent potential for further enhancement or modernization. Its location is highly convenient, within walking distance to local cafes, shops, clubs, restaurants, and the foreshore, making it an enviable lifestyle choice in the heart of Mulwala.

The layout of the residence provides well-separated living spaces across two floors, ideal for permanent living, holiday accommodation, staff housing, or long-term rental investment. The property also includes indoor features such as air conditioning, built-in wardrobes, an ensuite bathroom, pet-friendly accommodations, and a study area.

Complementing the residence is a substantial commercial office building with a highly functional layout comprising ten office spaces, split evenly with five offices downstairs and five upstairs. This setup is well-suited for professional services, consulting rooms, administration businesses, allied health operations, or multi-tenancy leasing opportunities.

The property offers excellent flexibility for owner-occupiers seeking business exposure alongside residential convenience or investors aiming to maximize multiple income streams. Additional outdoor features include two carports, secure parking, a balcony, a deck, and a fully fenced yard.

Other notable attributes include strong street presence and accessibility, proximity to schools, shops, and transport, as well as area views, heating, exhaust systems, and high clearance. This combination of residential accommodation with a dedicated commercial facility is exceptionally rare in the local market, making 90 Melbourne Street a unique and versatile investment with significant future potential.

Local Market Insights

In Mulwala, Quiet Listings observed 6 new houses entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $1,541,333. The property type mix of listed properties is predominantly Houses at 55%, followed by units (18%), and land (9%). The most active agency for houses in the Mulwala area is currently Kennedy Real Estate Yarrawonga Mulwala, representing 50% of new listings, followed by Seeliger Real Estate with 33%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.