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DESCRIPTION:Unbeatable Retail Location\nPositioned on the Wagga Road strip 
 between Albury's CBD and Lavington's retail heart\, this substantial two l
 evel investment offers a combination that's hard to find in the current ma
 rket\, an income stream already in place\, a generous 980sqm landholding\,
  and genuine scope to add value.\n\nGround floor comprises four retail ten
 ancies of 54sqm each. Three are leased\, returning a combined net income o
 f $42\,838.32 per annum with every tenant covering their own outgoings\, a
 nd one shop sits vacant and ready for its next operator. Upstairs\, two 10
 8sqm residential tenancies are vacant and in need of renovation\, a straig
 htforward path to a second income stream once refurbished\, subject to cou
 ncil approval.\n\nBeyond the building\, the site's standout feature is its
  depth. At 980sqm\, the block runs well past the retail strip to a substan
 tial rear yard currently used for informal parking\, a rare offering direc
 tly on Wagga Road and one that gives the next owner room to formalise park
 ing\, add storage\, or explore further development\, subject to council ap
 proval.\n\nThis is a property for the investor who can see past the surfac
 e\, a well located position on Wagga Road with continuous exposure to pass
 ing trade\, a rent roll already doing the work\, and real room to grow it 
 further.\n\nImprovements and features:\n	980sqm landholding with a substan
 tial rear yard\, rare for the Wagga Road strip\n	432sqm of total building 
 area across two levels\n	Four ground floor retail tenancies of 54sqm each\
 , three currently leased\n	Two 108sqm first floor residential tenancies\, 
 vacant and offering a second \n        income stream once renovated\, STCA
 \n	Current net income of $42\,838.32 per annum\, with upside once vacancie
 s are\n        addressed\n	All outgoings paid by tenants\n	Prominent Wagga
  Road exposure between Albury CBD and Lavington \n        Shopping Centre\
 n	Walking distance to Lavington Shopping Centre (Big W)\, Jelbart Park and
 \n        Lavington 'Five Ways'.\n	Easy access to the Hume Highway
DTEND:20261120T150000
DTSTAMP:20261021T051842Z
DTSTART:20261120T140000
LOCATION:319 Wagga Road\, Lavington NSW
SEQUENCE:0
SUMMARY:Auction: 319 Wagga Road\, Lavington NSW
UID:CRE-2021260882-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><t
 itle></title></head><body><P DIR=LTR>Unbeatable Retail Location <br/> Posi
 tioned on the Wagga Road strip between Albury's CBD and Lavington's retail
  heart\, this substantial two level investment offers a combination that's
  hard to find in the current market\, an income stream already in place\, 
 a generous 980sqm landholding\, and genuine scope to add value. <br/>  <br
 /> Ground floor comprises four retail tenancies of 54sqm each. Three are l
 eased\, returning a combined net income of $42\,838.32 per annum with ever
 y tenant covering their own outgoings\, and one shop sits vacant and ready
  for its next operator. Upstairs\, two 108sqm residential tenancies are va
 cant and in need of renovation\, a straightforward path to a second income
  stream once refurbished\, subject to council approval. <br/>  <br/> Beyon
 d the building\, the site's standout feature is its depth. At 980sqm\, the
  block runs well past the retail strip to a substantial rear yard currentl
 y used for informal parking\, a rare offering directly on Wagga Road and o
 ne that gives the next owner room to formalise parking\, add storage\, or 
 explore further development\, subject to council approval. <br/>  <br/> Th
 is is a property for the investor who can see past the surface\, a well lo
 cated position on Wagga Road with continuous exposure to passing trade\, a
  rent roll already doing the work\, and real room to grow it further. <br/
 >  <br/> Improvements and features: <br/> 	980sqm landholding with a subst
 antial rear yard\, rare for the Wagga Road strip <br/> 	432sqm of total bu
 ilding area across two levels <br/> 	Four ground floor retail tenancies of
  54sqm each\, three currently leased <br/> 	Two 108sqm first floor residen
 tial tenancies\, vacant and offering a second  <br/>         income stream
  once renovated\, STCA <br/> 	Current net income of $42\,838.32 per annum\
 , with upside once vacancies are <br/>         addressed <br/> 	All outgoi
 ngs paid by tenants <br/> 	Prominent Wagga Road exposure between Albury CB
 D and Lavington  <br/>         Shopping Centre <br/> 	Walking distance to 
 Lavington Shopping Centre (Big W)\, Jelbart Park and <br/>         Lavingt
 on 'Five Ways'. <br/> 	Easy access to the Hume Highway</P></body></html>
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