109 Richmond Terrace, Coraki NSW 2471

Property Details: • Type: House

• Bedrooms: 9 • Bathrooms: 3

Description: An increasingly rare opportunity has arrived in tightly held riverside Coraki. The owners of 109 Richmond Terrace are committed to selling at auction, presenting buyers with the chance to secure three established income streams on one title in a prime mixed-use setting. Positioned directly opposite the Richmond River and just footsteps from cafés, shops and everyday essentials, this positively geared property combines lifestyle appeal with reliable returns. With long-term tenants in place who are committed to staying on, it's an investment offering immediate income and future flexibility. Income at a Glance -Rear residence (Church Lane): $440 per week -Front residence (Richmond Terrace): $480 per week -Commercial shopfront: $7,200 per annum Total return: $55,016 per annum Property Highlights Rear Residence Church Lane -Four spacious bedrooms -Open-plan living, kitchen and dining -Bathroom with walk-in shower, bathtub and separate toilet -Covered balcony and single-car garage -Water did not enter into the habitable floor level during the 2022 flood event Front Residence Richmond Terrace -Five bedrooms with built-in robes -Two bathrooms (one on each level) -Updated kitchen with timber benchtops, modern cabinetry, dishwasher and electric stove -Updated laundry and flooring -Soaring ceilings throughout, showcasing heritage charm -Front bedroom with river outlook Additional Features -Income-producing commercial shopfront leased -Large storage shed with toilet (servicing the shop) -Double covered carport -Low-maintenance front courtyard overlooking the Richmond River Location Highlights Directly opposite the Richmond River Neighbouring Heike's Café and Coraki Hairdressers 30m to Memorial Park and playground Approx. 250m to Spar, bakery and butcher 1.4km to local primary schools 24km to Evans Head beaches 25km to Lismore's CBD Whether you're an investor chasing multiple income streams, a buyer seeking mixed-use flexibility, or looking to live in one residence while leasing the second residence and commercial premises, this versatile property delivers on all fronts. With strong returns, established tenants and a blue-chip riverside position, 109 Richmond Terrace will be sold at auction and represents a smart, future-focused addition to any portfolio. DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.