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12-20 Edward Street
Wagga Wagga NSW 2650
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Sold on 25 Oct 2016

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 time25/10/2016 11:00
Auction locationDoltone House Hyde Park

Property Highlights

Date Sold25 Oct 2016
Sold Price$7,800,000
Floor AreaAsk Agent
Land Area5,778 m²
ParkingAsk Agent
Property ID2013082327
Category
Last updated  25 Oct 2016
Map for 12-20 Edward Street Wagga Wagga NSW 2650

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Property Highlights

Date Sold25 Oct 2016
Sold Price$7,800,000
Floor AreaAsk Agent
Land Area5,778 m²
ParkingAsk Agent
Property ID2013082327
Category
Last updated  25 Oct 2016

Co-Agents

Simon Staddon
Simon Staddon
Burgess Rawson Sydney
Call
0413 640 851
Dean Venturato
Dean Venturato
Burgess Rawson Sydney
Call
0412 840 222

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