41-45 Russell Street Tumut NSW 2720

For Sale | 41-45 Russell Street, Tumut NSW
Three Retail Tenancies | Estimated Net Income: $92,388 p.a.

Positioned in the heart of Tumut's town centre, right next to Coles supermarket, this freehold commercial building presents a great opportunity for investors seeking a diversified income stream in a tightly held regional market.

Comprising three retail tenancies, the property is set on a prominent corner with excellent street exposure and steady foot traffic.

Tenancy Breakdown:

Shop 1 - Estimated 157sqm
Leased to TSG on a 5-year lease
Rent: $47,500 p.a. with 4% fixed annual increases

Shop 2 - Estimated 275sqm
Leased to a local café on a 3+3+3 year lease
Rent: $31,200 p.a. with 4% annual increases

Shop 3 - Estimated 106sqm
Currently vacant, with a lease proposal in place at $20,000 p.a.
Terms: 2-year lease with 2-year + 2 years option

Additional Details:

Total estimated net income: $92,388 p.a.

Council rates: $6,311.12 p.a.

Prime town centre location adjacent to Coles

Strong mix of tenancies with potential rental uplift

This is a smart investment opportunity offering immediate returns with future upside.

Contact us today for more information