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23 McCartin Street, Leongatha, VIC, 3953

Properties / Buy / Victoria / Leongatha

Tenanted Investment

1. Property Summary

Selling Method

For Sale

Selling Details

$1.5 million - Offers Encouraged

Land Area

467 m² (*approx)

Floor Area

461 m² (*approx)

Property Type

Offices, Retail, Child/Healthcare

Sub-type

Strip Retail, Office Suites, Mixed Use

Terms

New 3-year lease just exercised (as of FEB 2024)

Fully Leased

NAB

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2. Property Highlights

ASX Listed Single Tenant Investment - NAB

It features a first-class location with a Blue-chip ASX-listed tenant, a secure addition to your property portfolio, $1.5 million - All Offers Encouraged

Exclusively appointed to sell through a public auction, RWC proudly presents 23 McCartin Street, Leongatha.

Significant points of interest include:

• Two (2) years from 1 February 2024 to 31 January 2026

• One (1) further Three (3) year options to 31 January 2029

• Long Established Tenant

• Land Tax Recoverable

• Inflation beating CPI rent reviews

• Prime central CBD location

• Loads of car parking

• Well-maintained building

This asset will be a stable and reliable addition to any portfolio or a stand-alone property well positioned in the middle of the Leongatha CBD.

The tenant has continued to invest in this facility, and the building sits opposite critical infrastructure.

For more information, call the exclusive agents:

Ryan Trickey - 0400 380 438

Elliot Kidd - 0407 696 738

*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to establish the accuracy of all information, but they do not constitute any representation by the Vendor or Agents.

Remember to mention you found this property on CommercialReady