407 Lake Albert Road,
Wagga Wagga, NSW 2650

Shops & Retail

Key property information

Land area

Floor area

Property extent

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Map of 407 Lake Albert Road

Directions

10 Year Lease

10 Year Lease
Long standing tenant

Location:
Lake Albert Road is one of Wagga’s main arterial roads running North/South and connecting the CBD with the major residential suburbs of Kooringal, Lake Albert, Tatton and Springvale. Lake Albert Road attracts around 15,000 vehicle movements per day. Features of the area include a cluster of small retail and office shops surrounded by large residential suburbs.

Secure 10 year lease with three further 5 year options
• Gross rental of $45,000 plus GST
• Annual CPI reviews with tenant paying all outgoings except building insurance
• The site has been used as a drive through bottle shop since 1977
• Current operator
• Low maintenance building on major arterial road
• B1 Neighbourhood zoning

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

04176982...