Knight Frank is pleased to offer For Sale by Public Auction, this premium investment option located along Wagga Wagga’s main shopping strip, Baylis Street. This commercial investment is a freestanding landmark building situated in a prime CBD position adjacent the Sturt Mall shopping centre.
The location is highly sought after and benefits from its position in the Wagga Wagga CBD and has extensive 15 metre frontage to Baylis Street.
The site presents a secure investment opportunity with a lease to a financial institution for seven (7) years plus options at a commencing net rent of $165,000 per annum + GST.
Opportunities to purchase quality investment sites with secure lease terms in this location are rare and provide investors a chance to secure property in an otherwise tightly held precinct.
We encourage your investigation and consideration of this investment opportunity, which is available for purchase by Public Auction on 28th February 2019, 11am at the Mercure Wagga Wagga.