58-60 Kurrajong Avenue,

Leeton

An outstanding opportunity to secure a high-performing dual-income investment in the heart of Leeton's thriving CBD. Combining a spacious residential home with a prominent commercial premises, this versatile property offers immediate cash flow, exceptional street exposure, and exciting future development potential.

Adding to its appeal, both the residential and commercial tenants have occupied the property for almost 10 years, demonstrating exceptional tenant stability and providing investors with confidence in the property's long-term income security. The property currently generates a combined annual rental income of $31,681, with further upside available as the residential tenancy is currently leased below market rent, presenting an opportunity to enhance future returns as rental rates are adjusted to market levels.

Investment Highlights

Dual-Income Stream with established long-term tenants

House: $310 per week

Shop: $1,296.75 per calendar month

Combined Annual Rental Income: $31,681

Two Reliable Long-Term Tenants - both with nearly a decade of occupancy

Prime Main Street location with excellent exposure and foot traffic

Residential and commercial income from a single title

Additional vacant land offering future development or expansion opportunities

Total land area of approximately 1,012m2

Fixed-term leases in place providing immediate returns

The Residence

Positioned on a generous 630m2 (approx.) fully fenced allotment, the residence offers comfortable family living and a dependable rental income stream.

Features include:

4 spacious bedrooms

2 bathrooms

Fully fenced yard providing privacy and security

Shedding for storage or workshop space

Currently leased at $310 per week

Long-standing tenant in place, adding further security for investors

The Commercial Premises

Occupying a highly visible Main Street position, the commercial component provides an excellent opportunity to benefit from Leeton's busy business precinct.

Features include:

Prime street frontage with excellent exposure

Reception area and multiple office spaces

Staff amenities and storage areas

Established business tenant with almost 10 years of occupancy

Leased at $1,296.75 per calendar month (GST Inclusive)

Current lease term expires 30 March 2028, with a further one-year option

Future Potential

A standout feature of this property is the additional vacant land adjoining the commercial premises, creating opportunities for future development, expansion, additional parking, or value-adding improvements (STCA).

With a combined landholding of approximately 1,012m2, investors can enjoy strong holding income today while exploring future growth opportunities tomorrow.

Why You'll Love It

Properties offering both residential and commercial income streams, coupled with two long-term tenants of nearly 10 years, are rarely available. Delivering secure returns, minimal vacancy risk, and future development potential in a sought-after Main Street location, this is an investment opportunity not to be missed.

Secure your future with a proven performer in the heart of Leeton.