Located on the popular Russell Street and positioned between Coles and BWS, this multi-level, multi-income opportunity is one not to be missed. The downstairs commercial space consists of over 200m? of floor space and boasts multiple office spaces, including reception area, conference or boardroom areas, bathroom and kitchen.
The "Harmony Hub" who currently resides in the property on a long-term lease, is a local community hub focused on disability wellness and support.
Upstairs boasts a two-bedroom residential apartment (separate lease) accessible via Russell Street and adds versatility to an already established commercial opportunity.
With a combined income of $840 per week and annual CPI for the commercial space through to November 2026. 27 Russell Street is a great dual income opportunity positioned in the heart of the Tumut Central Business District.
Commercial Premiere Features:
- Large reception area upon entry with ceiling fan, reverse cycle air conditioning
- Four private offices throughout the space and boasting ample power and data options and two with reverse cycle air conditioning
- Large wellness/exercise area with reverse cycle air conditioning and ceiling fans
- Additional relaxation room or 5th office space
- Large kitchenette area to the rear of the plan with direct rear external access
- Fully renovated and disability friendly bathroom with shower, toilet and vanity
- Dual access off Russell Street and additional external access from the rear of the building
Residential Premiere Features:
- Two king size bedrooms with sash windows, timber lined high ceilings and master boasting reverse cycle air conditioning
- Kitchen with electric cooktop, good storage and bench space, also complimented by reverse cycle air-conditioning servicing the open plan living
- Great sized main living area
- Internal laundry off the kitchen
- Updated bathroom accessed via the laundry and boasting shower, single vanity, shaving cabinet and toilet
- Accessed via Russell Street entry with large formal foyer with stair access to the upstairs unit
Do not miss your opportunity to secure this dual income commercial and residential prospect in the heart of Tumut, call today to book your inspection.
Address | Distance | Bed | Bath | Floor area | Sold date | Sold | Data source | |
|---|---|---|---|---|---|---|---|---|
 | 0.48 km | 3 | 1 | -m2 | Year 2025 Month 01 Day 29 | $490,000 | Council approved | |
 | 0.38 km | 3 | 2 | -m2 | Year 2025 Month 01 Day 27 | $615,000 | Council approved | |
 | 0.42 km | 2 | 1 | -m2 | Year 2024 Month 12 Day 18 | $415,000 | Council approved | |
 | 0.45 km | 3 | 2 | -m2 | Year 2024 Month 12 Day 10 | - | Council approved | |
 | 0.26 km | 2 | 1 | -m2 | Year 2024 Month 10 Day 23 | - | Council approved |