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Overview
58-60 Kurrajong Avenue, LeetonPrice reduced - now NSW 2705
This property presents an exceptional dual-income investment opportunity located centrally in Leeton. It comprises a well-maintained 4-bedroom house alongside a commercial shopfront, both currently occupied by tenants under fixed-term leases, ensuring steady rental income and promising potential for future capital growth.
The residential house offers spacious accommodation with four comfortable bedrooms, ideal for families or tenants seeking generous living areas. It includes two well-appointed bathrooms designed to meet the needs of a larger household or shared living arrangements. The property sits on an approximately 630 square meter fully fenced block, providing privacy and security, perfect for outdoor activities or pet owners. Additional shedding is available, offering extra storage or workshop space. The house is currently leased at $310 per week, delivering a reliable rental return.
The commercial shopfront benefits from a prime position on Leeton's busy Main Street, offering excellent exposure for businesses seeking high visibility. The shop includes a reception area and multiple office spaces suitable for various commercial uses. It is fully equipped with staff amenities and ample storage areas to support business operations. Adjacent to the shop is vacant land included in the sale, presenting opportunities for future development or expansion. The commercial space is leased at $1296.76 per calendar month, inclusive of GST, under a two-year lease agreement expiring on 30 March 2028, with an option for a further year.
The combined total land size of approximately 1012 square meters offers a versatile mix of residential and commercial potential, enhanced by the additional vacant land next to the shop. This unique combination provides investors with a secure and profitable opportunity, supported by long-term leases and consistent rental returns from both the residential and commercial components.
Key features include dual income streams from established tenants, a prime location with excellent street frontage, a low-maintenance fully fenced house with shedding, a commercial shopfront with multiple office spaces and amenities, and additional vacant land offering development potential. This property is well-suited for investors seeking a balanced portfolio of residential and commercial rental income with prospects for future growth.
Change History
| Headline | When |
|---|---|
| $550,000 | |
| Price Reduced - Now $550,000 |
Location
Leeton NSW 2705
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 330 sqm |
Market Insights for Leeton NSW 2705
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