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.
