8 Grevillea Avenue, Mylestom NSW 2454

This perfectly positioned block of three units in the Blue-Chip seaside village of Mylestom ticks all the boxes; low maintenance, high occupancy and less than 100m's walk to the pristine beach and river. The units currently generate a gross income of $37,440 per annum.

There is a new roof on the complex and all units present well. Each unit has 2 bedrooms, a modern kitchen, lounge/dining, bathroom, front courtyard, and carport. The separate laundry room provides space for private washing machines.

This property provides endless opportunities; continue as a permanent rental, holiday let, live in one unit and let the remainder or convert the property to a home, with the option of adding another storey to gain views of the stunning Bellinger River.

The gorgeous Mylestom village has and always will continue to be a popular tourist destination due to the fabulous river, beach and sea fishing, great accommodation and Café.

Relax and have a game of bowls with the family or enjoy a meal, cold beer or wine at the popular Recreation Club.

There is minimal opportunity of vacant land becoming available, let alone with 3 easy-maintenance, income-producing units.

Other options include a great opportunity for multiple families as holiday units, or add to your superfund.

Do the sums: Interest rates are at an all-time low. Money invested in the bank is making a less than a stellar return on investment. With interest rates also at an all-time low, why not secure a loan to buy an investment that returns 4.33% plus capital growth!

We challenge you to find a better investment opportunity in this Blue-Chip seaside location.

Contact Brett or Peter today to arrange your private inspection.


Well presented block of three units
Low maintenance
High occupancy
Pristine beach & river within 100m’s walk
Current gross income of $37,440 per annum
Each unit has 2 bedrooms, bathroom, modern kitchen, lounge/dining
Front courtyards and carports
Separate laundry room provides space for private washing machines
Popular tourist destination
Fabulous river, beach and sea fishing
Level walk to shop, Café, beach and river
Permanently let – average $240.00 each per week
Blue chip location - Mylestom
Great recreation facilities
Easy 15 min drive to Coffs Harbour