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
* Quick rent growth with market appraisal for house currently $450p/w and increase of $130p/w
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.
