SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Rock Solid Entry Level Investment

58 Bair Street, Leongatha VIC

Property Highlights

New Secure 5 + 5 Year Lease
Tenant pays all usual outgoings
50% stamp duty concession
Register to Bid

Description

**50% Stamp Duty Concession**

+ Secure 5 year lease plus 5 year option through to 2030
+ Net lease with tenant paying all usual outgoings
+ Long established accounting office since 1998
+ Annual rent reviews
+ 506 sqm site with 10 metre frontage and 6 car spaces on-title
+ Quality 220 sqm building recently improved with new roof & air-conditioner
+ Leongatha: capital of South Gippsland, rich dairy region, trade catchment circa 15,000, 75 km south east of metro Melbourne
+ Net Income: $36,000 pa + GST

For Sale by Portfolio Auction
11:00am (AEDT) Wednesday 24 February

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Commercial
Land Size
506 SQM
Building Area
220 SQM

Contact Agents

Contact Me

Stay up to date with our latest portfolio auctions & insights