Burgess Rawson is pleased to offer to the market Pearl Energy Wagga Wagga located at 17-19 Forsyth Street, Wagga Wagga NSW for sale via our Investment Auction Portfolio 172.

This opportunity has the following key investment highlights:

+ New 12 year net lease to 2035 plus options extending to 2060
+ Pearl Energy: rapidly expanding national convenience retailer with 124+ sites and growing
+ Fixed 3% annual rental increases guaranteeing long term compounding income growth
+ Landlord friendly net lease structure with tenant paying all outgoings including rates, land tax and insurances
+ Highly versatile freehold site positioned on an exposed 2,641 sqm* CBD landholding, with 41 metres* of frontage to Forsyth Street and additional rear laneway access from Eurdein Lane
+ Strategic CBD retail precinct within close proximity to Wagga Wagga Marketplace SC, Sturt Mall SC, Woolworths, ALDI, Coles, Big W amongst others
+ Wagga Wagga: NSW’s largest inland city with a population of 69,000* people set to grow 18.5% by 2046 and part of the Riverina Region
+ Riverina Region: home to 174,490 people with an economic output of $34.4 billion
+ Net Income: $259,560 pa* + GST

To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 29 October 2024
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx