Basalt fiber reinforcement in polymer composites has recently become very competitive to the routinely used synthetic fiber reinforcements. In the present work, composite specimens were prepared with basalt fiber mat reinforcement in vinyl ester matrix along with varying quantity of the micro and nano silicon carbide (SiC) filler particle ranging from 1 to 5 wt% in combination. Tribological and water absorption properties of the developed hybrid composites were tested to ascertain its potential for commercial applications. The specimen made of SiC particle addictive combination of 3 wt% nano and 3 wt% micro particle exhibited better mechanical characteristics and this mechanical advantage declines beyond 3 wt% SiC filler addition due to agglomeration and poor dispersion of filler particles in the hybrid composite. The microstructural investigation done via scanning electron microscopy reveals the modes of failure, where better pullout resistance was displayed by the fiber bonding characteristics with the filler and vinyl ester matrix up to 3 wt% nano and 3 wt% micro SiC filler content. Similarly, the tribological characteristics of the composite specimen for the optimum filler content specimen were superior in comparison with other combinations. Moreover, the water absorption features of the developed hybrid composites were within the acceptable limits for marine and structural applications.