50-52 Ridgway, Mirboo North VIC 3871

Located within the main street of Mirboo North on a large 1393m2 allotment in two titles is this unique property that consists of a Commercial shop (currently being used as a Newsagency) and a 3Brm hardiplank home with a large rear yard having rear lane access.

Situated in a prominent position the shop is currently leased for three years with a further option of 5 years by 5 years and currently returning $953.33 per month.

The home which has direct access to the shop is constructed of hardiplank and features three bedrooms, timber kitchen with slate floors, electric cooking, family/meals area off kitchen also with slate floors, generous sized lounge room with solid fuel heating and reverse cycle air conditioning.

The main bedroom features an ensuite that consists of shower, vanity and toilet whilst the main bathroom has a shower, vanity, bath and toilet.

At the rear of the home is a large decked uncover cover pergola area ideal for entertaining, nicely established cottage type gardens, workshop/wood shed, rear veranda and a large two bay bricked open carport off the rear lane. The property is well fenced for children or pets.

The home is currently leased on a 12 month lease and returning approx $1213.00 per month.

With options of either

- Buy live in the house and recieve an income from the shop
- Buy and continue to recieve rent from the shop and house
- Buy and possibly (STCA) build another shop on the front block,
this makes it a great opprortunity to become a landlord with two streams of income from both the shop and the house totalling approx $25999.92 per year.

A property type that is hard to find in such a thriving country town.