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138 Baylis Street
Wagga Wagga NSW 2650
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Sold on 14 Jul 2023

138 Baylis Street Wagga Wagga NSW 2650

  • Offices
  • 430 m²
  • Sold

Prime Main Street Freehold - Iconic Tenant with 73 Year History

    Burgess Rawson is pleased to present 138 Baylis Street, Wagga Wagga NSW to the market for sale via Private Treaty.

    The asset has the following investment features:
    + 5 year and 5 month net lease commenced 1st February 2023 plus options extending to 2043
    + Fitzpatricks: well-established tenant, operated from this address for over 24 years and in Wagga Wagga for 73 years
    + Net lease, with tenant paying all usual outgoings
    + Annual built-in CPI rent reviews
    + Two-storey freehold building in prime CBD location
    + High quality and extensive tenant fit-out featuring a combination of open plan and partitioned steel/glass frosted offices, prestige marble walls and granite flooring
    + Tenant plans in place to renovate and enlarge the kitchen/staff room, refurbish the reception area and add new meeting rooms
    + Wagga Wagga: NSW largest inland city, with 69,000 people which is expected to grow by over 12% to 2036
    + Net Income: $169,650 pa* + GST

    For Sale via Private Treaty.

    Please contact the exclusively appointed Burgess Rawson team for more information.

    *Approx

    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold14 Jul 2023
    Floor Area430 m²
    Land Area344 m²
    ParkingAsk Agent
    Property ID2018550050
    Category
    Last updated  21 Aug 2023
    Map for 138 Baylis Street Wagga Wagga NSW 2650

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    Burgess Rawson Sydney
    Burgess Rawson Sydney
    Level 11.02, 9 Castlereagh Street
    Sydney, NSW 2000

    Property Highlights

    Date Sold14 Jul 2023
    Floor Area430 m²
    Land Area344 m²
    ParkingAsk Agent
    Property ID2018550050
    Category
    Last updated  21 Aug 2023

    Listed by

    Darren Beehag
    Burgess Rawson Sydney
    Call
    0411 226 223

    More about 138 Baylis Street Wagga Wagga NSW 2650

    138 Baylis Street Wagga Wagga NSW 2650 is categorized as Office. It has a floor area of 430 m². The listing ID for this property is 2018550050.

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