Situated in an unbeatable location at the gateway to Phillip Island is this premium freehold offering both a residence and retail space (formerly Dutchies) with incredible potential. This exceptional investment opportunity comprises a total floor space of approximately 205 square metres on an allotment of approximately 654 square metres.

The second level residence is immaculately presented and comprises three bedrooms, a family bathroom and an open plan kitchen, living and dining area with water glimpses across the eastern passage.

With permits in place, the ground floor space is fully fitted out to immediately operate as a food outlet or alternatively create your own business opportunity.

This rare offering in a high traffic corner location is being sold on a walk in walk out basis presenting amazing value!

There is also the option to purchase 3 Forrest Avenue (approx 643sqm) together with 1 Forrest Avenue to further enhance your investment.

This property for sale in Newhaven is proudly presented to you by Ray White Ray Estate Phillip Island.