Rare Residential Investment on a Commercial Return

Description

Burgess Rawson is pleased to offer to the market seven residential apartments located at 1 Flinders Street, Wagga Wagga NSW to the market for sale via our Investment Portfolio Auction 160.

The property has the following investment highlights:

+ Fully leased: seven (7) modern units to be sold in one line
+ Recently constructed mixed-use building within Wagga CBD
+ 100% occupancy since construction with majority of tenants from defense & health sector – often seeking 24 month lease term
+ Tenancy schedule includes a short-term accommodation provider
+ Situated on Stuart Hwy adjacent Wagga Train station & recently constructed state of the art PCYC facility
+ Wagga Wagga: largest inland city in NSW serving a large population catchment of more than 67,800
+ Net Income: $153,168 pa*

To be sold by Investment Portfolio Auction
10:30am AEST Tuesday 9 May 2023
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed Burgess Rawson team for more information

*Approx

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Contact agents
Kieran Bourke Partner
0417 418 007
Flynn McFall Sales Executive
0481 187 191
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Wagga Wagga, NSW

1 Flinders Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 160

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