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54 Anderson St 6,738 SF Retail Building Leongatha, VIC 3953 $430,452 ($63.88/SF) 3.06% Cap Rate

Investment Highlights
- Located on Anderson Street with direct highway frontage and high traffic exposure
- Features a secure garage with roller door, additional storage shed, and open yard with side gate access
- Includes showroom of approximately 167 m², separate office, kitchenette, and private toilet
- Provides four on-site car spaces for customer convenience
Executive Summary
Offering rare highway frontage and unbeatable exposure in the heart of Leongatha, this versatile commercial property presents an exceptional opportunity for investors. Currently leased and operating as a Taekwondo studio, the property returns a gross annual income of $18,357, providing a secure investment with scope for future use.
Set on a 804m2 (approx) allotment, the welcoming front verandah adds street appeal, while four dedicated car spaces offer convenience for customers. A roller door opens to a spacious entry and workshop area before flowing through to the 167m² showroom with excellent natural light, ideal for retail, studio or display purposes. Additional features include a separate office space, a kitchenette with a private toilet, a secure garage with a roller door, a separate storage shed and an open yard accessed via side gates.
Perfectly located with direct exposure to high traffic and positioned in the heart of Leongatha's thriving commercial precinct, don't miss your chance to secure a tightly held position in one of South Gippsland's most prominent townships.
Set on a 804m2 (approx) allotment, the welcoming front verandah adds street appeal, while four dedicated car spaces offer convenience for customers. A roller door opens to a spacious entry and workshop area before flowing through to the 167m² showroom with excellent natural light, ideal for retail, studio or display purposes. Additional features include a separate office space, a kitchenette with a private toilet, a secure garage with a roller door, a separate storage shed and an open yard accessed via side gates.
Perfectly located with direct exposure to high traffic and positioned in the heart of Leongatha's thriving commercial precinct, don't miss your chance to secure a tightly held position in one of South Gippsland's most prominent townships.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,738 SF
Building Class
C
Price
$430,452
Price Per SF
$63.88
Cap Rate
3.06%
NOI
$13,170
Tenancy
Single
Building Height
1 Story
Building FAR
0.78
Lot Size
0.20 AC
Frontage
242’ on South Gippsland Highway
Amenities
- Signage
- Automatic Blinds
- Storage Space
- Air Conditioning
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54 Anderson St
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