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427 Wagga Road
Lavington NSW 2641
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Sold on 26 Jul 2024

427 Wagga Road Lavington NSW 2641

  • Shop & Retail
  • 2,089 m²
  • Sold

MULTI- TENANTED WAGGA ROAD FREEHOLD INVESTMENT

    Dixon Commercial Real Estate are pleased to offer for sale 427 Wagga Road, Lavington via public auction on Friday 26 July at 2:30pm on-site.

    With a site area of 3,925 sqm, this freehold investment is prominently positioned on Wagga Road with frontage along McDonald Road to Griffith Road, Lavington. The offering provides a rare opportunity to acquire a property with a diversified mix of tenancies, and an opportunity for further rental growth.

    This fully leased investment comprises six (6) separate tenancies totalling a net lettable area of approximately 2,089 sqm, with Marshall Batteries prominently positioned on the corner of Wagga Road and McDonald Road, and the other five (5) tenancies positioned along McDonald Road to Griffith Road.

    The current Gross passing income is $170,885.00 per annum plus GST, with varying short and long-term tenures.

    The offering presents an opportunity for buyers to invest in the medium to long-long term, with an opportunity for future development (STCA).

    Terms: 10% deposit, balance 60 days.

    To request a breakdown of the tenancies or to arrange an inspection, please contact the agents below.

    AUCTION

    Auction date and time26/07/2024 14:30
    Auction location427 Wagga Road, Lavington NSW
    Dixon Commercial Real Estate
    Dixon Commercial Real Estate
    576 Kiewa St
    Albury, NSW 2640

    Property Highlights

    Date Sold26 Jul 2024
    Floor Area2,089 m²
    Land Area3,925 m²
    ParkingAsk Agent
    Property ID2019324625
    Category
    Last updated  26 Jul 2024
    Map for 427 Wagga Road Lavington NSW 2641

    Nearest transport* to 427 Wagga Road Lavington NSW 2641

    Bus
    Train
    Tram
    Ferry
    Wagga Rd at McDonald Rd40 m
    Kemp St at Griffith Rd116 m
    Dick Rd at Boomerang Dr188 m
    McDonald Rd opp Ainslie Ave195 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Dixon Commercial Real Estate
    Dixon Commercial Real Estate
    576 Kiewa St
    Albury, NSW 2640

    Property Highlights

    Date Sold26 Jul 2024
    Floor Area2,089 m²
    Land Area3,925 m²
    ParkingAsk Agent
    Property ID2019324625
    Category
    Last updated  26 Jul 2024

    Listed by

    Chris Brown
    Dixon Commercial Real Estate
    Call
    0409 356 472

    More about 427 Wagga Road Lavington NSW 2641

    427 Wagga Road Lavington NSW 2641 is categorized as Shop & Retail Property. It has a floor area of 2,089 m² and a land area of 3,925 m². The listing ID for this property is 2019324625.

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