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

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