12-20 Edward Street,
Wagga Wagga, NSW 2650
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sold
$7,800,000
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 12-20 Edward Street
100% Leased Investment. Long-Term National Tenants.
Dominant Bulky Goods precinct in strong growth regional City.
Long-term 5 & 7 year parent company leases plus 5 year options.
All three tenants have occupied premises since first built in 2007.
53% of income anchored by Good Guys (under acquisition by ASX listed JB Hi-Fi Limited), balance to Petbarn and BCF.
Gateway position and exposure to 4 lane Highway within CBD.
Well presented improvements totaling 3,230 sqm
Large 5,778 sqm landholding including 60 on-site car spaces.
NSW’s largest inland city sitting within a massive retail catchment of 160,000.
Strategic mid point between Sydney & Melbourne and close to Canberra.
Significant tax depreciation benefits.
Net Income: $585,000 pa + GST.
Long-term 5 & 7 year parent company leases plus 5 year options.
All three tenants have occupied premises since first built in 2007.
53% of income anchored by Good Guys (under acquisition by ASX listed JB Hi-Fi Limited), balance to Petbarn and BCF.
Gateway position and exposure to 4 lane Highway within CBD.
Well presented improvements totaling 3,230 sqm
Large 5,778 sqm landholding including 60 on-site car spaces.
NSW’s largest inland city sitting within a massive retail catchment of 160,000.
Strategic mid point between Sydney & Melbourne and close to Canberra.
Significant tax depreciation benefits.
Net Income: $585,000 pa + GST.
Property ID: 502120358Last Updated: 26 Dec 2016
04128402...
12-20 Edward Street
Wagga Wagga, NSW 2650
Burgess Rawson - SydneyLevel 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
BEST LESS WAGGA WAGGA, 170-172 Baylis Street,Wagga Wagga, NSW 2650 1180 m²Shops & Retail • Showrooms & Large Format Retail • Other
Contact Agent
3-7 Jones Street,East Wagga Wagga, NSW 2650 2140 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial