100% Leased Investment. Long-Term National Tenants.
Description
Dominant Bulky Goods precinct in strong growth regional City.
Long-term 5 & 7 year parent company leases plus 5 year options.
All three tenants have occupied premises since first built in 2007.
53% of income anchored by Good Guys (under acquisition by ASX listed JB Hi-Fi Limited), balance to Petbarn and BCF.
Gateway position and exposure to 4 lane Highway within CBD.
Well presented improvements totaling 3,230 sqm
Large 5,778 sqm landholding including 60 on-site car spaces.
NSW’s largest inland city sitting within a massive retail catchment of 160,000.
Strategic mid point between Sydney & Melbourne and close to Canberra.
Significant tax depreciation benefits.
Net Income: $585,000 pa + GST.
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WAGGA WAGGA, NSW
12-20 Edward Street
- Sold Price: Contact Agent