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17 Forsyth Street
Wagga Wagga NSW 2650
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17 Forsyth Street Wagga Wagga NSW 2650

  • Shop & Retail
  • 1 m²
  • For Sale, Contact Agent

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

    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 Highlights

    Floor Area1 m²
    Land Area2,641 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019527890
    Category
    Last updated  31 Oct 2024
    Map for 17 Forsyth Street Wagga Wagga NSW 2650

    Nearest transport* to 17 Forsyth Street Wagga Wagga NSW 2650

    Bus
    Train
    Tram
    Ferry
    Mark Taylor Oval, Morgan St286 m
    Sturt Mall, Baylis St406 m
    Mark Taylor Oval, Tarcutta St415 m
    Wagga Wagga Marketplace, Baylis St422 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Property Highlights

    Floor Area1 m²
    Land Area2,641 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019527890
    Category
    Last updated  31 Oct 2024

    Co-Agents

    Yosh Mendis
    Burgess Rawson Sydney
    Call
    0434 413 188
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    Kieran Bourke
    Burgess Rawson Sydney
    Call
    0417 418 007

    More about 17 Forsyth Street Wagga Wagga NSW 2650

    17 Forsyth Street Wagga Wagga NSW 2650 is categorized as Shop & Retail Property. It has a floor area of 1 m² and a land area of 2,641 m². The listing ID for this property is 2019527890.

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