12-20 Edward Street Wagga Wagga NSW 2650

Shop & Retail
5,778 m²
Sold, $7,800,000

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.
NSWâ??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.

AUCTION

Auction date and time	25/10/2016 11:00
Auction location	Doltone House Hyde Park

Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	25 Oct 2016
Sold Price	$7,800,000
Floor Area	Ask Agent
Land Area	5,778 m²
Parking	Ask Agent
Property ID	2013082327
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	25 Oct 2016

Map for 12-20 Edward Street Wagga Wagga NSW 2650

Nearest transport* to 12-20 Edward Street Wagga Wagga NSW 2650

Bus

Train

Tram

Ferry

Railway St Before Lake Albert Rd	212 m
Railway St After Lake Albert Rd	239 m
Lake Albert Rd After Hammond Av	257 m
Lake Albert Rd At Railway St	302 m

*Within a 4km radius

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Burgess Rawson Sydney

Level 11.02, 9 Castlereagh Street

Sydney, NSW 2000

Property Highlights

Date Sold	25 Oct 2016
Sold Price	$7,800,000
Floor Area	Ask Agent
Land Area	5,778 m²
Parking	Ask Agent
Property ID	2013082327
Category	Shop & Retail Factory, Warehouse & Industrial Showrooms / Bulky Goods
Last updated	25 Oct 2016

Co-Agents

Simon Staddon

Burgess Rawson Sydney

Call

0413 640 851

Dean Venturato

Burgess Rawson Sydney

Call

0412 840 222

More about 12-20 Edward Street Wagga Wagga NSW 2650

12-20 Edward Street Wagga Wagga NSW 2650 is categorized as Shop & Retail Property. It has a land area of 5,778 m². The listing ID for this property is 2013082327.