Prime CBD Retail Complex Anchored by K-Hub, Impeccable Rent & Income History

Description

Burgess Rawson from CBRE and Alex Scott & Staff is pleased to offer to the market Corner of McCartin Street & Peart Street, Leongatha VIC 3953 for sale via Expression of Interest.

This opportunity has the following key investment highlights:

+ Modern 3,144sqm* two level retail / commercial complex including Khub, 7 retail shops plus first floor office
+ Combined 3,794sqm* freehold corner site across 6 titles
+ Important 34 on-site car spaces
+ Prime CBD location with 200 metres* triple street frontage and exposure
+ Proven established tenants throughout on 3 & 5 year leases plus further options
+ Mixed CPI & fixed rent reviews
+ Majority net leases with tenants paying usual outgoings
+ Long proven tenancy mix comprising national retailer (K hub), food offering, Govt linked tenants plus Dry-Cleaning business in occupation circa 40 years
+ Central position amongst ALDI, Woolworths, IGA and opposite CBA / NAB etc
+ Significant taxation depreciation
+ Leongatha: busy retail and commercial capital of South Gippsland Council, major dairy region and educational epicentre, only 78km* from metro Melbourne, trade catchment 15,000+
+ Potential 50% stamp duty saving
+ Net Income: circa $400,000pa* + GST **

For Sale by Expressions of Interest
Closing 3pm AEST Thursday 21 August 2025

Please contact the exclusively appointed sales team for more information.

Burgess Rawson from CBRE
Mark Foster 0475 454 431
Raoul Holderhead 0413 860 304
Beau Coulter 0413 839 898

Alex Scott & Staff
Andrew Newton 0402 940 320
Emily Hillberg 0422 622 299

* Approx
** includes Vendor Guarantee

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Contact agents
Raoul Holderhead Senior Director
0413 860 304
Mark Foster Junior Sales Associate
0475 454 431
Beau Coulter Senior Director
0413 839 898
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Leongatha, VIC

Corner McCartin Street & Peart Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 178

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