58-60 Kurrajong Avenue,

Leeton

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.

Key Features:

• Dual Income with established tenants (House: $310pw, Shop: $1296.75 per calendar month) Total Annual rent $31,681p/a
• 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

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 $1296.76 per calendar month GST Inclusive- A steady rental return, ensuring regular income from the commercial space.
• Lease terms - 2-year lease expiring 30/3/2028 with further 1 year option.
• 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.

This property offers a secure and profitable investment opportunity with excellent rental returns from both the residential and commercial spaces.