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Burgess Rawson - Sydney

138 Baylis Street Wagga Wagga, NSW 2650

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138 Baylis Street,
Wagga Wagga, NSW 2650

Offices • Shops & Retail • Other

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Burgess Rawson - Sydney
Darren Beehag

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
04112262...
Burgess Rawson - Sydney
138 Baylis Street
Wagga Wagga, NSW 2650

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Prime Main Street Freehold - Iconic Tenant with 73 Year History

  • 5 yr & 5 month net lease + opts to 2043
  • Prime CBD location
  • Net Income: $169,650 pa* + GST
Burgess Rawson is pleased to present 138 Baylis Street, Wagga Wagga NSW to the market for sale via Private Treaty.

The asset has the following investment features:
+ 5 year and 5 month net lease commenced 1st February 2023 plus options extending to 2043
+ Fitzpatricks: well-established tenant, operated from this address for over 24 years and in Wagga Wagga for 73 years
+ Net lease, with tenant paying all usual outgoings
+ Annual built-in CPI rent reviews
+ Two-storey freehold building in prime CBD location
+ High quality and extensive tenant fit-out featuring a combination of open plan and partitioned steel/glass frosted offices, prestige marble walls and granite flooring
+ Tenant plans in place to renovate and enlarge the kitchen/staff room, refurbish the reception area and add new meeting rooms
+ Wagga Wagga: NSW largest inland city, with 69,000 people which is expected to grow by over 12% to 2036
+ Net Income: $169,650 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.

*Approx

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Property ID: 504331832Last Updated: 7 Feb 2024

Burgess Rawson - Sydney
Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000
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