{"Slug":"house-58-60-kurrajong-avenue-leeton-nsw-2705","CanonicalUrl":"https://realsearch.com.au/house-58-60-kurrajong-avenue-leeton-nsw-2705","Address":"58-60 Kurrajong Avenue, Leeton, NSW 2705","Suburb":"Leeton","State":"NSW","Postcode":"2705","PropertyType":"House","Status":"Sold","Headline":null,"Description":"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 HighlightsDual-Income Stream with established long-term tenantsHouse: $310 per weekShop: $1,296.75 per calendar monthCombined Annual Rental Income: $31,681Two Reliable Long-Term Tenants – both with nearly a decade of occupancyPrime Main Street location with excellent exposure and foot trafficResidential and commercial income from a single titleAdditional vacant land offering future development or expansion opportunitiesTotal land area of approximately 1,012m²Fixed-term leases in place providing immediate returnsThe ResidencePositioned on a generous 630m² (approx.) fully fenced allotment, the residence offers comfortable family living and a dependable rental income stream.Features include:4 spacious bedrooms2 bathroomsFully fenced yard providing privacy and securityShedding for storage or workshop spaceCurrently leased at $310 per weekLong-standing tenant in place, adding further security for investorsThe Commercial PremisesOccupying 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 exposureReception area and multiple office spacesStaff amenities and storage areasEstablished business tenant with almost 10 years of occupancyLeased at $1,296.75 per calendar month (GST Inclusive)Current lease term expires 30 March 2028, with a further one-year optionFuture PotentialA 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 ItProperties 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.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Contact agent"},"Bedrooms":"4","Bathrooms":"2","Parking":"2","Features":[{"Name":"Bedrooms","Value":"4"},{"Name":"Bathrooms","Value":"2"},{"Name":"Carports","Value":"2"},{"Name":"Area","Value":"1,012 m²"},{"Name":"House Size","Value":"330 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-34.55361127,"Longitude":146.40734187,"Agent":{"Name":"Andrew  Pellow","CanonicalUrl":"https://realsearch.com.au/agent/andrew-pellow-2"},"Agency":{"Name":"McGrath - Riverina","CanonicalUrl":"https://realsearch.com.au/agency/mcgrath-riverina"},"CreatedAt":"2026-07-29T15:46:20.0548188","UpdatedAt":"2026-09-24T10:07:30.8266667"}