2/92 Pine Ave, Leeton is a 2 bedroom, 1 bathroom Unit. The property has a land size of 286m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Situated in the heart of Leeton's main street, this versatile commercial and residential property presents an excellent opportunity for investors seeking dual income and long-term investment potential in a prime CBD location.The commercial premises at the front are currently occupied by the owner, who is prepared to enter into a lease agreement with the purchaser, providing the opportunity to secure an established commercial tenant from day one.The commercial space offers an estimated rental return of approximately $380 per week + GST, while the separate two-bedroom residence at the rear offers an estimated rental return of approximately $330$350 per week.Together, the property provides the potential for a combined rental return of approximately $710$730 per week, subject to the terms of any new lease and residential tenancy.Key Features:- Prime CBD position in Leeton's main street - Current commercial occupant prepared to enter into a lease - Commercial rental potential of approximately $380 per week + GST - Two-bedroom residence with estimated rental return of $330$350 per week - Potential combined income of approximately $710$730 per week - Dual-income investment - Excellent main street exposure - Strong location with high pedestrian and vehicle traffic - Separate commercial and residential components - An attractive addition to an investment portfolio With two separate income streams and a commercial tenant ready to negotiate a lease, this is an opportunity for investors looking to secure a versatile property with immediate income potential.Properties offering this combination of commercial and residential income in the heart of Leeton are rarely available - an opportunity well worth considering for investors.
The size of Leeton is approximately 230.6 square kilometres. There are 17 parks, covering nearly 0.6% of the total area. The population of Leeton in 2016 was 8623 people. By 2021 the population was 9170 showing a population growth of 6.3% in the area during that time. The predominant age group in Leeton is 10-19 years. Households in Leeton are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leeton work in a labourer occupation.In 2021, 66.10% of the homes in Leeton were owner-occupied compared with 64.90% in 2016.
Leeton has 4,941 properties. Over the last 5 years, Houses in Leeton have seen a 78.08% increase in median value, while Units have seen a 59.07% increase. As at 31 August 2026:
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