Commercial or residential? Property presents opportunities for buyer

A rare commercial or residential opportunity in the heart of Portarlington is set to go under the hammer this weekend.

18 Newcombe Street is in easy reach of other thriving businesses and is just 200m from its burgeoning shopping and dining strip, on an 678sqm allotment in the town’s tightly held main street.

Its commercial zoning creates a host of possibilities for the new buyer, who may choose to preserve the charming, two-storey brick home in the prestigious strip, explore commercial opportunities or a mixed use development.

Its uninterrupted water views across Corio Bay, proximity to renowned eateries, supermarkets, and boutique shops, and added convenience of unrestricted parking is sure to attract attention from a wide range of buyers.

RT Edgar Bellarine is selling this property by auction at 11am tomorrow (Saturday, June 17).

Its listing indicates an expected price of $1.25 million to $1.35 million.