For Sale
41-45 Russell Street,
Tumut 2720, New South Wales
By Negotiation
Property details
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Agents
Multi-Tenant Retail Investment in Prime Tumut CBD
For Sale | 41-45 Russell Street, Tumut NSW
Three Retail Tenancies | Estimated Net Income: $92,388 p.a.
Positioned in the heart of Tumut's town centre, right next to Coles supermarket, easy access to car parks, this freehold commercial building presents a great opportunity for investors seeking a diversified income stream in a tightly held regional market.
Comprising three retail tenancies, the property is set on a prominent corner with excellent street exposure and steady foot traffic.
Tenancy Breakdown:
Shop 1 - Estimated 157sqm
Leased to TSG on a 5-year lease
Rent: $47,500 p.a. with 4% fixed annual increases
Shop 2 - Estimated 275sqm
Leased to a local café on a 3+3+3 year lease
Rent: $31,200 p.a. with 4% annual increases
Shop 3 - Estimated 106sqm
Currently vacant, with a lease proposal in place at $20,000 p.a.
Terms: 2-year lease with 2-year + 2 years option
Additional Details:
Total estimated net income: $92,388 p.a.
Council rates: $6,311.12 p.a.
Prime town centre location adjacent to Coles
Strong mix of tenancies with potential rental uplift
This is a smart investment opportunity offering immediate returns with future upside.
Contact us today for more information.
Three Retail Tenancies | Estimated Net Income: $92,388 p.a.
Positioned in the heart of Tumut's town centre, right next to Coles supermarket, easy access to car parks, this freehold commercial building presents a great opportunity for investors seeking a diversified income stream in a tightly held regional market.
Comprising three retail tenancies, the property is set on a prominent corner with excellent street exposure and steady foot traffic.
Tenancy Breakdown:
Shop 1 - Estimated 157sqm
Leased to TSG on a 5-year lease
Rent: $47,500 p.a. with 4% fixed annual increases
Shop 2 - Estimated 275sqm
Leased to a local café on a 3+3+3 year lease
Rent: $31,200 p.a. with 4% annual increases
Shop 3 - Estimated 106sqm
Currently vacant, with a lease proposal in place at $20,000 p.a.
Terms: 2-year lease with 2-year + 2 years option
Additional Details:
Total estimated net income: $92,388 p.a.
Council rates: $6,311.12 p.a.
Prime town centre location adjacent to Coles
Strong mix of tenancies with potential rental uplift
This is a smart investment opportunity offering immediate returns with future upside.
Contact us today for more information.
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Contact Steven Shang
Contact Steven Shang
Steven Shang
41-45 Russell Street, Tumut NSW 2720
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Steven Shang
41-45 Russell Street, Tumut NSW 2720