10 BANK STREET, Avenel, Vic 3664

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.