Being centrally located in the Ulverstone CBD, everything is within walking distance. The property is zoned General Business and downstairs could be leased as a shop front. Upstairs is owner occupied and offers an amazing townhouse with 3-4 bedrooms (all with built-in robes), open plan kitchen & dining with ocean views, formal dining and separate living area. There is a separate shower room plus separate bathroom. Undercover parking for up to 5 cars, workshop and loads of storage options. North facing deck with views and viewing platform with 360 degree views of Ulverstone. Properties like this, offering multiple streams of income, don't come about very often. Other features: * Re-roofed * Re-wired * Re-plumbed * Painted * Solar water * Solar power * Ducted heating upstairs * Double glazed windows * Options of 1st floor commercial tenancy, 2nd floor residential tenancy or family home