SOLD
Sold on 30 May 2024 for $157,000

40A Pine Avenue
Leeton NSW 2705

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 133m2
Sold By
Jordan Bavaresco
Leeton Real Estate
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Property Details for 40a Pine Ave, Leeton

Building Type
Commercial
Land Size
133m2
Local Government
Leeton
Lot/Plan
46/3/DP758606

Last Listing description (August 2024)

Asking | $159,000

Welcome to 40A Pine Avenue Leeton a prominent main street opportunity in the heart of Leeton's bustling main street! This commercial building is currently designed as a salon, but presents a wealth of possibilities for savvy entrepreneurs and investors alike.

Your business will stand out in this high-traffic location, ensuring maximum visibility and foot traffic. With plenty of floor space, a convenient kitchenette, and additional storage, this building offers versatility for various business setups. Investors don't miss out on the potential rental yields this property can offer, thanks to its strategic location and versatile layout.

Whether you're looking to launch your dream business or expand your existing one, this property is your gateway to success in Leeton's vibrant commercial scene.

Leeton is situated approximately 550km west of Sydney and 450km north of Melbourne in the productive Murrumbidgee Irrigation Area.
Situated in one of the most productive farming regions in the state, the Leeton Shire possesses numerous citrus, rice, cotton, grape, walnut and wheat farms. Leeton is known as Australia's Rice Capital, as well as the heart of SunRice Country, as it is home to the headquarters of the SunRice corporation, one of Australia's largest food exporters.

Key Features:
- Recently rewired & replumbed throughout
- Evaporative cooling + reverse cycle split system
- 2 Entries off Pine Avenue & Church Street
- Outdoor courtyard with toilet

Property History for 40a Pine Ave, Leeton, NSW 2705

A timeline of how this property has performed in the market
Last Sold
$157,000
30 May 2024
  • 30 May 2024
    Sold for $157,000
  • 24 Apr 2024
    Listed for Sale Asking | $159,000
  • 19 Jun 2019
    Sold for $121,000
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About Leeton 2705

The size of Leeton is approximately 230.6 square kilometres. It has 17 parks covering nearly 0.6% of total area. The population of Leeton in 2011 was 8,414 people. By 2016 the population was 8,626 showing a population growth of 2.5% in the area during that time. The predominant age group in Leeton is 10-19 years. Households in Leeton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Leeton work in a labourer occupation. In 2011, 68.3% of the homes in Leeton were owner-occupied compared with 64.9% in 2016.

Leeton has 4,843 properties. Over the last 5 years, Houses in Leeton have seen a 60.52% increase in median value, while Units have seen a 91.16% increase. As at 31 August 2024:

  • The median value for Houses in Leeton is $360,947 while the median value for Units is $360,554.
  • Houses have a median rent of $410 while Units have a median rent of $305.
There are currently 16 properties listed for sale, and 2 properties listed for rent in Leeton on OnTheHouse. According to CoreLogic's data, 210 properties were sold in the past 12 months in Leeton.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.