58-60 Kurrajong Avenue,
Leeton

4
Beds
|
2
Baths

Presenting a fantastic dual-income investment opportunity in the heart of Leeton. This property features a tidy 4-bedroom house and a commercial shopfront, both with established tenants on fixed-term leases. Offering reliable rental returns and the potential for future growth, this is a prime investment for those seeking both residential and commercial income.

The House:

  • 4 Bedrooms - Spacious and comfortable, perfect for families or tenants seeking ample living space.
  • 2 Bathrooms - Well-appointed to suit the needs of a larger household or shared living.
  • 630m2 (approx) Fully Fenced Block - Enjoy privacy and security with a fully fenced yard, ideal for pets or outdoor activities.
  • Shedding - Additional space for storage or a workshop.
  • Currently Tenanted on Fixed-Term Lease at $310 per week - A solid rental return, providing consistent income.

The Commercial Shopfront:

  • Prime Main Street Frontage - Excellent exposure on Leeton's busy Main Street, ideal for businesses seeking high visibility.
  • Reception Area & Multiple Office Spaces - The shopfront includes a reception area and several office spaces, suitable for a range of businesses.
  • Staff Amenities & Storage Space - Fully equipped with staff amenities and ample storage for business operations.
  • Vacant Land Adjacent to Shop - Included in the sale is additional vacant land next to the shop, providing potential for future development or expansion.
  • Tenanted on Fixed-Term Lease at $220 per week - A steady rental return, ensuring regular income from the commercial space.
  • The combined total block size of 1012m2 offers a great mix of opportunity, with the added bonus of vacant land next to the shop, allowing for future development.

Key Features:

  • Dual Income with established tenants (House: $310pw, Shop: $220pw)
  • Prime Location on Leeton's Main Street with excellent exposure
  • Fully Fenced, Low-Maintenance House with shedding
  • Commercial Shopfront with office spaces, staff amenities, and storage
  • Additional Vacant Land adjacent to the shop, offering development potential
  • Total Land Size of 1012m2 (approx), offering room for future growth
  • Solid, Long-Term Leases ensuring reliable, consistent rental returns

This property offers a secure and profitable investment opportunity with excellent rental returns from both the residential and commercial spaces. For more information contact Craig Tyrrell on 0473 748 272.

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58-60 Kurrajong Avenue
Price
$599,000
Next inspection
By appointment
Property information
Internal size approx. (sqm)
330
Council rates (pa)
2,496
Resource
Home loan calculator