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Sold on 3 Dec 2019

11 Saxon Street Wagga Wagga NSW 2650

  • Factory, Warehouse & Industrial
  • 3,025 m²
  • Sold

Warehouse Complex for Sale in Saxon Street

This property will be appealing to any investor. It is currently leased to a long-term national tenant on a five year lease with the option of a further two five year periods. Offering an approximate return of 7.5% on the investment.

The complex is in excellent condition. The shed is constructed of steel sheeting with access via a large roller door at the front and a further roller door down the side. The building covers an area of approximately 2900 sqm. Within the front of the shed is a brick administration building with a reception/showroom, two offices, male, female, and workers' toilets, and a kitchen. There is also a mezzanine level of approximately 125 sqm with a large open area, two storerooms and a lunchroom with a kitchen, bringing the total floor area available to approximately 3025 sqm.

The balance of the land is given over to a large side storage yard and onsite parking at the front. The whole site is fully concreted and fenced with access via security gates at the front of the property.

11 Saxon Street is located in the West Wagga industrial precinct on a site with prime exposure to the entrance to Bunnings, which is located at the end of Saxon Street. The area is zoned IN2 in the WWCC LEP2010 and offers easy access to the Sturt Highway and the surrounding suburbs.

Property Highlights

Property ID2015514063
Date Sold3 Dec 2019
Floor Area3,025 m²
Land Area5,171 m²
ParkingAsk Agent
Category
Last updated  3 Dec 2019
Map for 11 Saxon Street Wagga Wagga NSW 2650
Map for 11 Saxon Street Wagga Wagga NSW 265011 Saxon Street Wagga Wagga NSW 2650
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

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