28 Bair Street, Leongatha, VIC 3953 | Property Value & History | OnTheHouse
OFF MARKET

28 Bair Street
Leongatha VIC 3953

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 166m2
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Property Details for 28 Bair St, Leongatha

Building Type
Commercial
Land Size
166m2
Local Government
South Gippsland

Last Listing description (July 2025)

An excellent opportunity to take over the lease of a 266sqm commercial office space, perfectly positioned in the thriving regional centre of Leongatha. This well-presented tenancy offers an ideal setup for professional services, consulting, allied health, or administrative operations.

Property Overview:


Size: 166 square metres of versatile office space

Lease Term Remaining: Approximately 2 years

Lease Expiry Date: 14th October 2027

Annual Rent: $38,154.85 including GST

Annual Rent Increases: 3% applied each anniversary (commencing 15th October)

Tenancy Type: Separate, self-contained shop - part of a shared address with an adjoining business

Features:

Private, dedicated tenancy with its own entrance and amenities

Located in a prominent and easily accessible commercial area with carpark frontage

Generous floor space ideal for flexible workspace layout

Surrounded by established local services and retail outlets

This lease takeover is an excellent opportunity for businesses seeking a cost-effective entry into a central Leongatha location, without the long-term lease commitment.

Act now to arrange an inspection and secure this spacious, ready-to-occupy commercial office space today!

Property History for 28 Bair St, Leongatha, VIC 3953

A timeline of how this property has performed in the market
Listed for Rent
$731/w
03 Jun 2025
  • 31 May 2025
    Listed for Rent $38,154 / week
  • 10 Oct 2022
    Listed for Rent $60,000 / year
  • 28 Sep 2015
    Listed for Sale Not Disclosed
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About Leongatha 3953

The size of Leongatha is approximately 42.6 square kilometres. It has 23 parks covering nearly 1.9% of total area. The population of Leongatha in 2016 was 5654 people. By 2021 the population was 5869 showing a population growth of 3.8% in the area during that time. The predominant age group in Leongatha is 60-69 years. Households in Leongatha are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leongatha work in a professional occupation.In 2021, 73.80% of the homes in Leongatha were owner-occupied compared with 71.30% in 2016.

Leongatha has 3,932 properties. Over the last 5 years, Houses in Leongatha have seen a 19.70% increase in median value, while Units have seen a 29.20% increase. As at 30 April 2026:

  • The median value for Houses in Leongatha is $597,653 while the median value for Units is $446,254.
  • Houses have a median rent of $490 while Units have a median rent of $398.
There are currently 85 properties listed for sale, and 8 properties listed for rent in Leongatha on OnTheHouse. According to Cotality's data, 165 properties were sold in the past 12 months in Leongatha.

Suburb Insights for Leongatha 3953

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.