7 / 26 Princes Highway
Narooma, NSW 2546

This unique property offers a rare blend of established commercial income alongside comfortable residential living, situated on a prominent corner block in a busy, flat area of Narooma. Its prime location ensures excellent exposure and easy accessibility, making it an ideal investment opportunity or a versatile option for owner-occupiers.

The property comprises multiple income streams with long-term tenants in place, providing a secure and reliable return. The commercial component includes two well-established shops: Shop 1 is the Narooma Thai Restaurant, occupying 130 square meters with a fully equipped commercial kitchen and dining area. This popular dining destination has a lease secured until June 2026, generating $850 per week in rental income. Shop 2, known as Songbee, is a 71 square meter retail space well recognized within the local community, leased until July 2026 at $400 per week.

In addition to the commercial spaces, the property features two residential units upstairs, offering comfortable living arrangements or potential additional rental income. Unit 1 is a spacious 2-bedroom, 2-bathroom apartment covering 106 square meters, recently updated with new flooring and designed for long-term comfort. It is leased until June 2026 at $300 per week. Unit 2 is a 2-bedroom, 1-bathroom unit spanning 79 square meters, featuring a functional layout and bright, light-filled rooms, also leased until June 2026 at $240 per week.

Parking and access are well catered for, with four dedicated car spaces for tenants, including a secure lock-up single garage. Additional strata parking is available for customers, enhancing convenience for both commercial and residential occupants.

Located in a high-traffic area with excellent passing trade, this property benefits from high visibility and easy access, making it attractive for both business operators and residents. The flat terrain and corner positioning further enhance its appeal.

This investment represents a solid opportunity combining the security of established commercial tenants with the flexibility of modern residential units. The long-term leases in place provide peace of mind, while the prime location within Narooma's commercial precinct ensures ongoing demand and potential for future growth.

Additional information includes approximate council rates of $4,907.19 per annum and strata rates of approximately $3,893.75 per quarter.