



The Space Looks Like A tightly held Queen Street property combining established rental income, a central commercial position and the character that makes Warragul's traditional retail strip so recognisable. 53 Queen Street presents an opportunity for investors looking to secure an income-producing retail holding in the heart of Warragul. Currently occupied for retail use, the property is leased at $30,900 p.a. + GST, with fixed annual increases providing structured rental growth throughout the lease term. With an approximate 135m² lettable area, a prominent shopfront and an established two-storey form, it's a compact commercial investment positioned to benefit from the activity, accessibility and amenity of central Warragul. Property Highlights > Approx. 135m² lettable retail premises. > Current rent of $30,900 p.a. + GST following the applicable 3% annual increase. > Lease commenced 28 January 2025 for an initial term of two years. > Two further terms of two years each available under the lease. > 3% fixed annual rental increases. > Tenant responsible for 100% of building outgoings. > Permitted use as a Trophy Shop. > Existing solar generation on site available for tenant use under the lease. > Character-filled two-storey Queen Street shopfront > Central Warragul position suited to investors looking for a smaller-format retail investments. On The Area Positioned along Queen Street, the property sits within Warragul's established commercial centre, surrounded by retail, hospitality, professional services and everyday amenities. Its central position places the property within easy reach of the broader Warragul CBD and the activity generated by one of West Gippsland's key regional centres. Call To Action If you're looking to secure an established retail investment right here in Warragul, get in touch with Ben Wilson or Emma Dunne today. *(approx.)
Email enquiry to Wilson Property RCI
Property ID: 505241112
Original Property ID: 505241112