Location:
The property is located on the western side of Lake Albert Road, a main arterial road which
provides CBD connection to the main residential suburbs to the south and on the eastern side of Willans Hill. The area predominately comprises of older style homes mainly constructed in the sixties and seventies. Approximately 2.5km's to the North is Wagga's main street and professional precinct and to the South is the Kooringal Shopping Centre.
Area:
The property has a land area size of approximately 8106 square metres and a building floor area approximately 2110 square metres.
Zoning:
R1 - General Residential
Improvements:
Constructed in the early 1960's this substantial office development was originally designed
around the use as a television studio and associated management offices. The building was
later extended in the early to mid 70's and expanded then again in the early 80's for further office space and studios.
This large development provides many opportunities with a total building area of approximately 2,108sqm.
The property is partially leased to Generocity Church on a 3 year lease set to expire on the 19th November 2024. Over the past 4 years the Generocity Church area has been substantially upgraded and refurbished.
The large office areas and attractive reception area surround a central feature atrium, which is now a play area. The large Auditorium has direct access from the front reception area which also has upgraded toilet facilities.
Due to the north eastern aspect of this property & the large floor to ceiling windows there is an abundance of natural light to multiple office areas. Certain features of the building are specifically designed and would require refurbishment for alternative uses.
To the rear of Warrawong Street is a rear driveway leading down to two garage areas.
The rear offices (ex 2WG Radio Studio) remain in original condition.
Price:
For Sale by Tender
Sale subject to existing tenancy
Tender closes Thursday 12th May 2022 5.00 pm at the office of Commins Hendriks, 23 Gurwood Street, Wagga Wagga NSW 2650.
All areas and figures approximate only. All precautions have been taken to establish the accuracy of the above information, but does not constitute any representation by the Agent of Vendor. All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
