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Sold on 8 Dec 2020

72 Baylis Street Wagga Wagga NSW 2650

  • Shop & Retail
  • 502 m²
  • Sold

Superb Long Term Secure Investment - NAB Wagga Wagga

  • Freestanding commercial building
  • 5 year lease to NAB + 3 x 3 option
  • Net Income $155,620 pa + GST

Cushman & Wakefield is pleased to present to the market 72 Baylis Street, Wagga Wagga for Sale via Auction.

The property has the following key characteristics:

- 5 year lease to 2022 + options to 2031
- National Australia Bank (NAB) in occupation for 25 years an ASX Listed company and a member of the Big 4 Banks with a market capitilisation of $65 Billion
- NSWs 4th largest rural branch and recently refurbished in line with NABs latest and greatest fit out
- Strategic main corner position situated on Baylis & Morgan Streets with dual street frontage totaling 112 metres*
- Wagga Wagga NSWs largest inland City and important agricultural, military & transport hub
- 4 onsite carparks at rear of the building
- Long term redevelopment potential (STCA) with a height limit of 25m & FSR 4:1
- Tenant pays 100% of outgoings
- Net Income $155,620 pa + GST

The property is for sale by way of Cushman & Wakefield Investment Auction. The Auction will be conducted on Thursday 10 December at 1pm AEDT at Doltone House Hyde Park, located on 3/181 Elizabeth Street, Sydney NSW.

Prospective purchasers and interested parties will have access to remote bidding facilities in both Brisbane and Melbourne.

Should you have interest in bidding on the property, please contact the exclusively appointed property professionals at Cushman & Wakefield.

Property Highlights

Property ID2016627524
Date Sold8 Dec 2020
Floor Area502 m²
Land Area604 m²
Parking4 x Onsite parkings
Building TypeWhole building
Category
Last updated  8 Dec 2020
Map for 72 Baylis Street Wagga Wagga NSW 2650
Map for 72 Baylis Street Wagga Wagga NSW 265072 Baylis 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*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Property Highlights

Property ID2016627524
Date Sold8 Dec 2020
Floor Area502 m²
Land Area604 m²
Parking4 x Onsite parkings
Building TypeWhole building
Category
Last updated  8 Dec 2020
Cushman & Wakefield Sydney
Level 22 1 O'connell Street Sydney NSW 2000

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