58 Ridge Street
Nambucca Heads, NSW 2448

This unique investment opportunity is located in a highly sought-after coastal town, offering a mixed-use property that combines a busy restaurant with a neat two-bedroom flat, all situated on a substantial 398 square meter corner block. The property presents a strong income stream currently, with excellent potential for future growth or redevelopment, making it an ideal choice for investors seeking both lifestyle and financial benefits.

• The property features a mixed income setup, including a restaurant and a two-bedroom flat, both positioned on a large corner block measuring approximately 398 square meters.
• It benefits from R3 zoning, which provides significant flexibility for future expansion or mixed-use development, allowing for various possibilities to enhance the property's value.
• Fully approved by the local council, the property is ready for immediate income generation, ensuring a smooth transition for new owners.
• The restaurant is well-equipped with a preparation area, a cool room, and air conditioning, ensuring comfort and functionality for business operations.
• The adjoining flat offers a tidy kitchen, ample storage space, and ceiling fans throughout, providing comfortable living quarters.
• The exterior of the property is characterized by a weatherboard finish and hardwood floors, contributing to a timeless coastal charm that appeals to both residents and visitors.
• A large carpark located at the bottom of the property offers ample parking space for both residents and customers, enhancing convenience and accessibility.
• Its prime location is just a short walk from the beaches, the iconic V-Wall, and the vibrant town center, making it attractive for both lifestyle and business purposes.
• The property holds strong growth potential, combining lifestyle appeal with investment opportunity in a thriving coastal community.

This property is an exceptional chance to secure a versatile asset in Nambucca Heads, blending commercial and residential elements on a sizeable corner block. Its strategic location, combined with the flexibility offered by the zoning and the existing income streams, positions it as a valuable investment with promising prospects for future development or expansion. Whether you are looking to operate the restaurant, rent out the flat, or explore redevelopment options, this property offers a rare combination of lifestyle and financial rewards in a picturesque coastal setting.