36 McCartin Street Leongatha

Heritage Building First Time Offered
Price guide $890,000
Alex Scott and Staff, Leongatha is pleased to present this rare, large office space of approx. 306 square metres in the heart of Leongatha close to the Commonwealth Bank and National Australia Banks. One of the oldest buildings in Leongatha, the building had been the home of newspaper The Great Southern Star since it was built in the 1920’s. The former ‘Star’ office with its rendered cream exterior and stepped, embossed parapet, is a visually significant part of McCartin Street and the Leongatha commercial area. Whilst retaining the original façade the building was renovated in the early 2000’s, retaining the large office at the front, adding a second storey whilst removing the old printing works and creating a secure tenant at the rear. The hairdresser in the rear shop facing the supermarket is on a secure lease until July 31, 2029. Current rental income is $16,520.14 per annum with annual 4% increases each August 1st. The area would suit a variety of uses including as professional offices. Provision is provided for a communications/IT room while there are ample phone and computer points to provide for a well connected office. Split system air conditioners throughout provide for ample comfort in summer or winter. Solar panels...
Tony Giles - Sales Agent
[email protected] 0407 528 192