Positioned in one of the best locations in the town centre, this well-known commercial property presents a rare opportunity to secure a blue-chip investment with a long-standing, reliable tenant. Home to the local newsagency for many years, the property enjoys excellent exposure, strong foot traffic, and a modern, well-maintained interior.

The building features a contemporary fit-out, complemented by split system reverse cycle air conditioning, ensuring year-round comfort for occupants and customers alike. Its central position places it at the heart of daily activity, making it a cornerstone of the local commercial precinct.

Investment Highlights:

Current Tenant: Established local newsagency

Annual Lease Income: $35,537.28 (GST inclusive) plus all outgoings

Rental Increases: CPI adjustments

Current Monthly Income: $2,961.44

Location: Prime town centre position with high visibility and consistent foot traffic

Value-Add Potential:
A standout feature of this property is the additional space above the rear section of the building, offering exciting potential for conversion into a flat or apartment (STCA). This presents an opportunity to further enhance returns and add long-term value to an already strong investment.

Offering a secure income stream, excellent location, and future upside, this property is ideal for investors seeking a stable, long-term commercial asset in a tightly held precinct.

Opportunities like this are rarely available-secure your place in the town’s commercial heart today.

All information contained herein has been provided by sources believed to be reliable; however, accuracy cannot be guaranteed. Interested parties should make their own independent enquiries.