10/38-40 Kurrajong Ave Leeton NSW 2705

* BUILDING FOR SALE ONLY *
* AGENT INTEREST *

With a flourishing local business currently calling this property home, the future looks bright for this commercial premises on Kurrajong Ave.

A brand new 3 year lease term will be signed prior to settlement, with the existing tenant re-committing to a property which gives their business the best chance of success.

The new lease will see the rent increase to $1,750 per month and a gross annual income of $21,000 before outgoings.

Net return is approximately $14,000 after outgoings.

Recently painted inside and out, the property has an abundance of street appeal and is sure to be a brilliant addition to your investment portfolio. The property also features updated floor coverings.

If you're looking to purchase something unique, with strong growth potential, reach out to the team at LeetonRE today!

Outgoings:

Strata fees - $3,808 per annum
Council Rates - $1,298.90 per annum
Water Access & Consumption - Approx $1200 per annum (based on last 12 months)