10 BANK STREET, Avenel VIC 3664

Property Details: • Type: House

• Bedrooms: 2 • Bathrooms: 1

Description: Rare Dual-Income Opportunity in the Heart of Avenel This unique property presents an exceptional opportunity to enjoy the charm of a private, garden-surrounded residence while benefiting from the income-generating potential of a fully equipped commercial shopfront all on one title. Formerly home to the iconic Avenel Meats and currently undergoing a fresh transformation, the commercial space boasts prime Main Street exposure, while the rear of the property features a spacious and private two-bedroom residence, ideal for owner-occupiers, tenants, or additional rental income. Rear Residence Features: Two generous bedrooms Central bathroom Open-plan kitchen, dining & living area Separate laundry Charming front garden with picket fence Expansive private backyard with established greenery Commercial Shopfront Includes: Two cool rooms Food preparation area with stainless steel fittings Two storage rooms Toilet facilities Two reverse-cycle split systems for year-round comfort Excellent street frontage and foot traffic Investment & Lifestyle Flexibility: Current shop lease returning $13,156 per annum Potential to lease the rear residence for additional income Option to live onsite and generate income from the commercial space Or lease both spaces for a dual-income investment This is a rare offering in a tightly held township, blending lifestyle, flexibility, and proven investment potential. Whether you're an investor, small business owner, or seeking a live-and-earn setup, this versatile property is one of Avenel's most compelling opportunities.