Situated in the heart of Leeton's main street, this versatile commercial and residential property presents an excellent opportunity for investors seeking dual income and long-term investment potential in a prime CBD location.
The commercial premises at the front are currently occupied by the owner, who is prepared to enter into a lease agreement with the purchaser, providing the opportunity to secure an established commercial tenant from day one.
The commercial space offers an estimated rental return of approximately $380 per week + GST, while the separate two-bedroom residence at the rear offers an estimated rental return of approximately $330$350 per week.
Together, the property provides the potential for a combined rental return of approximately $710$730 per week, subject to the terms of any new lease and residential tenancy.
Key Features:
- Prime CBD position in Leeton's main street
- Current commercial occupant prepared to enter into a lease
- Commercial rental potential of approximately $380 per week + GST
- Two-bedroom residence with estimated rental return of $330$350 per week
- Potential combined income of approximately $710$730 per week
- Dual-income investment
- Excellent main street exposure
- Strong location with high pedestrian and vehicle traffic
- Separate commercial and residential components
- An attractive addition to an investment portfolio
With two separate income streams and a commercial tenant ready to negotiate a lease, this is an opportunity for investors looking to secure a versatile property with immediate income potential.
Properties offering this combination of commercial and residential income in the heart of Leeton are rarely available - an opportunity well worth considering for investors.