THIS rare, large office space in the heart of Leongatha and close to the Commonwealth Bank and National Australia Bank is now on the market.
One of the oldest buildings in Leongatha, the building at 36 McCartin Street had been the home of newspaper The Great Southern Star since it was built in the 1920s.
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 2000s, 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 vacant spaces include a downstairs area of approximately 171.92 square metres and an upstairs space of 84.52 square metres, plus the tenanted section at the rear of 65 square metres.
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 four per cent 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.
The office area was renovated in recent times and includes a combination of open plan areas, meeting and conference rooms and private management offices.
There is a spacious reception area featuring a magnificent timber front counter, waiting area, and administration offices.
There are two toilets shared in the middle of the building, while there are two kitchenettes, one upstairs.
Alex Scott and Staff Leongatha, is handling the sale of the building at the recently reduced price of $890,000.
For further information or to inspect the property, please contact Tony Giles on 0407 528 192.