53-55 Russell Street
tumut
NSW, 2720

Positioned within the commercial heart of Tumut and directly opposite the iconic Montreal Community Theatre, this prominent retail freehold presents an outstanding opportunity for investors, owner-occupiers, or those seeking a combination of both. Surrounded by major town amenities and benefiting from exceptional accessibility, the property adjoins the rear car parking areas servicing Coles, Kmart and Tumut Shire Council, providing convenient customer and delivery access rarely found within the CBD.

Previously occupied by the long-standing (30 years) and well-known Toyworld business, the building has just became a vacant opportunity to put on the market for lease or move straight in. Creating flexibility for future owner occupation, partial occupation, or repositioning of the asset.

Offering approximately 423m² of internal building area on a 638m² parcel of land, the property features a substantial retail/showroom space, office accommodation, storage/workshop areas and modern rear shedding with roller door access.

This versatile property would suit:
- Investors seeking a well-located commercial holding
- Owner-occupiers wanting to establish their own premises
- Buyers looking to occupy part of the building while leasing the balance for additional income

Property features:
- Approx. 300m² retail/showroom area with excellent Russell Street exposure
- Air-conditioned showroom and office accommodation
- Rear office with kitchenette and additional storage
- Storeroom and secure workshop/storage areas
- Modern colorbond shedding to the rear (approx. 61 m2)
- New disabled toilets
- Rear roller door and PA door access
- Rear loading and parking access via adjoining public car parks
- Opportunity to divide current retail shop into 2 shops or offices
- Approx. 638m² land area
- Approx. 423m² total internal improvements
- Zoned E1 - Local Centre
- Council rates approx. $820 per quarter (currently paid by tenant)