Share this property

realcommercial.com.au

2-4 Ceduna Street Wagga Wagga, NSW 2650

Directions

2-4 Ceduna Street,
Wagga Wagga, NSW 2650

Shops & Retail

Key property information

Floor area

Tenure type

Sold on

Map of 2-4 Ceduna Street

Directions

Exceptional Service Station Investment Long Lease to Major Tenant

20 year lease to 2033 + options to 2063.
Leased to Westside Petroleum, major NSW operator.
Busy intersection in high population growth area.
Major upgrade just completed including large new convenience store.
Valuable depreciation allowances.
Tenant pays all outgoings, as per lease.
Annual 3% increases ($96,750 net income 2023, $130,000 net income 2033).
High quality, easily managed single tenant investment.
Net Income: $72,000 pa + GST.

Auction 2pm Tues 1 April, 50 Margaret St Sydney

Michael Gilbert 0430 024 790
mgilbert@burgessrawson.com.au

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
02 9232 62...
realcommercial.com.au logo
2-4 Ceduna Street
Wagga Wagga, NSW 2650
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.