Burgess Rawson from CBRE and Alex Scott & Staff is pleased to offer to the market Corner of McCartin Street & Peart Street, Leongatha VIC 3953 for sale via Expression of Interest.
This opportunity has the following key investment highlights:
+ Modern 3,059sqm* two level retail / commercial complex including Khub, 7 retail shops plus first floor office
+ Combined 3,794sqm* freehold corner site across 6 titles
+ Important 34 on-site car spaces
+ Prime CBD location with 200 metres* triple street frontage and exposure
+ Proven established tenants throughout on 3 & 5 year leases plus further options
+ Mixed CPI & fixed rent reviews
+ Majority net leases with tenants paying usual outgoings
+ Long proven tenancy mix comprising national retailer (K hub), food offering, Govt linked tenants plus Dry-Cleaning business in occupation circa 40 years
+ Central position amongst ALDI, Woolworths, IGA and opposite CBA / NAB etc
+ Significant taxation depreciation
+ Leongatha: busy retail and commercial capital of South Gippsland Council, major dairy region and educational epicentre, only 78km* from metro Melbourne, trade catchment 15,000+
+ Net Income: circa $440,000pa* + GST **
For Sale by Expressions of Interest
Closing 3pm AEST Thursday 14 August 2025
Please contact the exclusively appointed sales team for more information.
Burgess Rawson from CBRE
Mark Foster 0475 454 431
Raoul Holderhead 0413 860 304
Beau Coulter 0413 839 898
Alex Scott & Staff
Andrew Newton 0402 940 320
Emily Hillberg 0422 622 299
* Approx
** includes Vendor Guarantee