The property is located on the corner of Fitzmaurice Street and Johnston Streets, a busy and convenient intersection in the heart of the Wagga central business district.
Surrounded by quality businesses including the Wagga Court House, Hunters on the Hill and Boyce Accountants.
A large rectangular property with a site area of over 562 square metres, the property offers a secure central business district multi tenanted investment opportunity.
The projected net income of approximately $131,500 plus GST providing a return of seven per cent.
This high profile corner location includes four separate tenancy areas, with the head lease being held by the Commonwealth Bank of Australia until August 2020 with a further option.
With recent renovations, this low maintenance property is sure to impress the astute investor.
The area is well regarded and presents well with the nearby Victory Memorial gardens and the Fitzmaurice Street refurbishment and upgrade.
For more information or to inspect contact the Fitzpatricks Real Estate Commercial team:
- Geoff Seymour 0417 698 238
- Jeremy Callan 0402 569 526