OFF MARKET

16 George Street
Mylestom NSW 2454

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 628m2
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Last updated 11 Nov 2024
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Property Details for 16 George St, Mylestom

16 George St, Mylestom is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 628m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Floor Size
118m2
Land Size
628m2
Local Government
Bellingen
Lot/Plan
400/DP755553

Last Listing description (January 2018)

This magnificent, one of a kind property has been with the same owners for over 17 years.
Comprising a tastefully renovated 4 bedroom home AND a great business. In fact, the only business in town!
Look at the photos, watch the video and imagine yourself living this lifestyle!

Mylestom is a river side and beach side village located just 20 minutes south of Coffs Harbour offering a jet airport, hospitals, university, major shopping as well as restaurants and other facilities.
The business has multiple streams. A post office, a sub newsagency, general store, bait and tackle, cafe, takeaway, petrol station and gas refills. It really is the only place to be in town. The owners have just installed a brand new cool room in the large storage area with a view to acquiring a take away liquor licence.
This would add yet another stream to this already impressive business.
The home is extremely comfortable and rents on stayz.com.au for between $200 -$350 per night depending on the season.
Owner occupy and run the business or employ a manger for the business and have the home as a holiday rental for now while you plan your big escape and get ready for that sea change you've always wanted.
What ever you do, DO NOT miss the opportunity to purchase this double corner block that offers so much in the way of comfort, lifestyle and income.
This is an exceptional piece of real estate, rarely offered and not to be missed.
Rates: $2617.22 approx Land Size: 619.7m2
We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Property Code: 730

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Property History for 16 George St, Mylestom, NSW 2454

A timeline of how this property has performed in the market
Last Sold
$1,075,000
22 Nov 2017
  • 07 Nov 2022
    Sold
  • 22 Nov 2017
    Sold for $1,075,000
  • 11 Sep 2017
    Listed for Sale $1,250,000
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About Mylestom 2454

The size of Mylestom is approximately 5.1 square kilometres. It has 2 parks. The population of Mylestom in 2011 was 337 people. By 2016 the population was 332 showing a population decline of 1.5% in the area during that time. The predominant age group in Mylestom is 50-59 years. Households in Mylestom are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mylestom work in a labourer occupation. In 2011, 67.4% of the homes in Mylestom were owner-occupied compared with 70.8% in 2016.

Mylestom has 273 properties. Over the last 5 years, Houses in Mylestom have seen a 76.11% increase in median value, while Units have seen a 57.37% increase. As at 31 October 2024:

  • The median value for Houses in Mylestom is $870,630 while the median value for Units is $622,959.
  • Houses have a median rent of $380.
There are currently 1 property listed for sale, and no properties listed for rent in Mylestom on OnTheHouse. According to CoreLogic's data, 11 properties were sold in the past 12 months in Mylestom.

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