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Burgess Rawson - Sydney

17 Forsyth Street Wagga Wagga, NSW 2650

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17 Forsyth Street,
Wagga Wagga, NSW 2650

Shops & Retail • Showrooms & Large Format Retail • Other

Price information

Sale

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$259,560
Number of Tenants
1 Tenant
Tenants / Type
Pearl Energy

Private inspections

to arrange a private inspection.
Burgess Rawson - Sydney
Kieran Bourke
Geoff Sinclair
Yosh Mendis

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
Burgess Rawson - Sydney
17 Forsyth Street
Wagga Wagga, NSW 2650

Map of 17 Forsyth Street

Directions
  • Train stations within 5 km of 17 Forsyth Street, Wagga Wagga, NSW 2650Distance
    Wagga Wagga Railway Station858 m
    POWERED BY HERE ©
  • Bus stops within 5 km of 17 Forsyth Street, Wagga Wagga, NSW 2650Distance
    Morgan St Opp Mark Taylor Oval274 m
    Baylis St Before Forsyth St355 m
    Wagga Wagga Marketplace, Baylis St421 m
    Baylis St Opp Wagga Wagga Marketplace451 m
    Baylis St Before Tompson St454 m
    POWERED BY HERE ©
POWERED BY HERE ©

Prime CBD Freehold Investment – New 12 Year Lease to National Convenience Retail Operator

  • New 12 year lease to 2035 + options
  • Strategic 2,641sqm* CBD landholding
  • Net Income: $259,560 pa* + GST
Burgess Rawson is pleased to offer to the market Pearl Energy Wagga Wagga located at 17-19 Forsyth Street, Wagga Wagga NSW for sale via Private Treaty.

This opportunity has the following key investment highlights:

+ New 12 year net lease to 2035 plus options extending to 2060
+ Pearl Energy: rapidly expanding national convenience retailer with 124+ sites and growing
+ Fixed 3% annual rental increases guaranteeing long term compounding income growth
+ Landlord friendly net lease structure with tenant paying all outgoings including rates, land tax and insurances
+ Highly versatile freehold site positioned on an exposed 2,641 sqm* CBD landholding, with 41 metres* of frontage to Forsyth Street and additional rear laneway access from Eurdein Lane
+ Strategic CBD retail precinct within close proximity to Wagga Wagga Marketplace SC, Sturt Mall SC, Woolworths, ALDI, Coles, Big W amongst others
+ Wagga Wagga: NSW’s largest inland city with a population of 69,000* people set to grow 18.5% by 2046 and part of the Riverina Region
+ Riverina Region: home to 174,490 people with an economic output of $34.4 billion
+ Net Income: $259,560 pa* + GST

To be sold via Private Treaty.

Please contact the exclusively appointed sales team for more information.

*Approx

Property ID: 504700840Last Updated: 21 Nov 2024

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