58-60 Kurrajong Avenue
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About this property
An outstanding opportunity to secure a high-performing dual-income investment in the heart of Leeton's thriving CBD. Combining a spacious residential home with a prominent commercial premises, this versatile property offers immediate cash flow, exceptional street exposure, and exciting future development potential. Adding to its appeal, both the residential and commercial tenants have occupied the property for almost 10 years, demonstrating exceptional tenant stability and providing investors with confidence in the property's long-term income security. The property currently generates a combined annual rental income of $31,681, with further upside available as the residential tenancy is currently leased below market rent, presenting an opportunity to enhance future returns as rental rates are adjusted to market levels. Investment Highlights Dual-Income Stream with established long-term tenants House: $310 per week Shop: $1,296.75 per calendar month Combined Annual Rental Income: $31,681 Two Reliable Long-Term Tenants both with nearly a decade of occupancy Prime Main Street location with excellent exposure and foot traffic Residential and commercial income from a single title Additional vacant land offering future development or expansion opportunities Total land area of approximately 1,012m² Fixed-term leases in place providing immediate returns The Residence Positioned on a generous 630m² (approx.) fully fenced allotment, the residence offers comfortable family living and a dependable rental income stream. Features include: 4 spacious bedrooms 2 bathrooms Fully fenced yard providing privacy and security Shedding for storage or workshop space Currently leased at $310 per week Long-standing tenant in place, adding further security for investors The Commercial Premises Occupying a highly visible Main Street position, the commercial component provides an excellent opportunity to benefit from Leeton's busy business precinct. Features include: Prime street frontage with excellent exposure Reception area and multiple office spaces Staff amenities and storage areas Established business tenant with almost 10 years of occupancy Leased at $1,296.75 per calendar month (GST Inclusive) Current lease term expires 30 March 2028, with a further one-year option Future Potential A standout feature of this property is the additional vacant land adjoining the commercial premises, creating opportunities for future development, expansion, additional parking, or value-adding improvements (STCA). With a combined landholding of approximately 1,012m², investors can enjoy strong holding income today while exploring future growth opportunities tomorrow. Why You'll Love It Properties offering both residential and commercial income streams, coupled with two long-term tenants of nearly 10 years, are rarely available. Delivering secure returns, minimal vacancy risk, and future development potential in a sought-after Main Street location, this is an investment opportunity not to be missed. Secure your future with a proven performer in the heart of Leeton.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 4
- Bathrooms
- 2
- Parking
- 2
- Land Area
- 1012 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Leeton
This 4-bedroom house in Leeton, NSW 2705 sits within reach of public transport, local shops and nearby schools. It is listed 0% above the $549,000 median of 67 comparable houseswithin 5 km.
Schools near Leeton
- Gralee Schoolcombined · U · CoEd
- OneSchool Global NSW - Leetoncombined · 3-12 · CoEd
- Leeton Public Schoolprimary · K-6 · CoEd
- Parkview Public Schoolprimary · K-7 · CoEd
- Wamoon Public Schoolprimary · K-6 · CoEd
- Leeton High Schoolsecondary · 7-12 · CoEd
What's nearby
- Unnamed (bus) — 284 m away
- All Pro Group — 665 m away
- Unnamed — 264 m away
- Unnamed — 266 m away
- Unnamed — 306 m away
Leeton at a glance
Full suburb profile- Population
- 9,170
- Median age
- 38
- Household income
- $1,425/wk
- Median rent
- $250/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Leeton price trend
Median sold · House 4 bed
Compound growth +13.5% / yr over 4 yrs
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1 price change recorded for this property
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