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Cushman & Wakefield - Sydney

72 Baylis Street Wagga Wagga, NSW 2650

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72 Baylis Street,
Wagga Wagga, NSW 2650

Shops & Retail • Offices • Other

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Cushman & Wakefield - Sydney

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street
SYDNEY, NSW 2000
02 8243 99...
Cushman & Wakefield - Sydney
72 Baylis Street
Wagga Wagga, NSW 2650

Map of 72 Baylis Street

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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
- NSW’s 4th largest rural branch and recently refurbished in line with NAB’s latest and greatest fit out
- Strategic main corner position situated on Baylis & Morgan Street’s with dual street frontage totaling 112 metres*
- Wagga Wagga – NSW’s 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.

Wagga Wagga, 2650 demographic data

The median household income for Wagga Wagga is $1,355, 6% lower than Regional New South Wales's household income of $1,434. Wagga Wagga has a younger age profile compared to the rest of Regional New South Wales (median age 38 vs 43). Property ownership data shows 36% of property owners in Wagga Wagga have a mortgage.

7,198
Population
$1,355 per week
Median household income
38 years
Median age
Renters
Most residents
Families
Most households
Cushman & Wakefield - Sydney
Level 22, 1 O'Connell Street
SYDNEY, NSW 2000

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