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78 Pine Ave 5,500 SF Retail Building Leeton, NSW 2705 $343,872 ($62.52/SF)
Investment Highlights
- Prime town centre location with excellent exposure and foot traffic.
- Modern fit-out with split system reverse cycle air conditioning.
- Additional space above rear section offers potential for residential conversion (STCA).
Executive Summary
An exceptional opportunity to secure a blue-chip commercial investment in the heart of Leeton’s town centre. This well-known property occupies a prime main street position, offering excellent exposure, strong foot traffic, and a modern, well-maintained interior. Currently leased to a long-standing local newsagency, the property provides a secure income stream with annual rent of $35,537.28 (GST inclusive) the tenants pay all outgoings, and CPI-linked rental increases.
The building features a contemporary fit-out and split system reverse cycle air conditioning, ensuring year-round comfort for occupants and customers. A standout feature is the additional space above the rear section of the building, presenting an exciting opportunity for future conversion into a flat or apartment (STCA), adding long-term value and enhancing returns.
With its strategic location, reliable tenant, and value-add potential, this property represents a rare chance to acquire a high-performing commercial asset in a tightly held precinct.
The building features a contemporary fit-out and split system reverse cycle air conditioning, ensuring year-round comfort for occupants and customers. A standout feature is the additional space above the rear section of the building, presenting an exciting opportunity for future conversion into a flat or apartment (STCA), adding long-term value and enhancing returns.
With its strategic location, reliable tenant, and value-add potential, this property represents a rare chance to acquire a high-performing commercial asset in a tightly held precinct.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
5,500 SF
Building Class
C
Price
$343,872
Price Per SF
$62.52
Tenancy
Single
Building Height
2 Stories
Building FAR
1.69
Lot Size
0.07 AC
Amenities
- Storage Space
- Air Conditioning
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78 Pine Ave
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