49 Berry Street,
Wagga Wagga, NSW 2650
Shops & Retail • Offices
Key property information
Floor area
Zoning
Tenure type
Sold on
Map of 49 Berry Street
Excellent opportunity
49 Berry Street offers the opportunity to acquire a premium development site located in a highly sought after CBD location with valuable rear lane access.
The property is situated only a short distance from the main street of Wagga Wagga and is currently leased to an International Grocer. It presents a great opportunity to purchase a property in a high profile location with great development opportunity and a current tenant in place providing passing holding income.
Current lease details; 3 year term commenced Dec 2019, $20,700 + GST per annum with fixed 3.5% annual reviews. Lessor has the right to break the lease after 12 months provided they give the tenant 12 months notice.
Approximate Outgoings per annum; Council Rates: $5,440 - Sewer Rates: $560 - Water Rates: $203.36
*Agent's interest declared
The property is situated only a short distance from the main street of Wagga Wagga and is currently leased to an International Grocer. It presents a great opportunity to purchase a property in a high profile location with great development opportunity and a current tenant in place providing passing holding income.
Current lease details; 3 year term commenced Dec 2019, $20,700 + GST per annum with fixed 3.5% annual reviews. Lessor has the right to break the lease after 12 months provided they give the tenant 12 months notice.
Approximate Outgoings per annum; Council Rates: $5,440 - Sewer Rates: $560 - Water Rates: $203.36
*Agent's interest declared
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
49 Berry Street
Wagga Wagga, NSW 2650
Knight Frank - Wagga WaggaShop 44 Kooringal Mall 269 Lake Albert Road
WAGGA WAGGA, NSW 2650
WAGGA WAGGA, NSW 2650
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