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.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
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.
