Lot 81/50 Edward Street,
Wagga Wagga, NSW 2650
Development Sites & Land • Other
Key property information
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CBRE - NSW
Level 21, 363 George StreetSYDNEY, NSW 2000
Lot 81/50 Edward Street
Wagga Wagga, NSW 2650
Map of Lot 81/50 Edward Street
Fuel & Fast Food Development | 8,104sqm CBD Corner Freehold
- 7 Eleven, Banjos & Sparkletown
- 8,104sqm Corner Freehold
- Direct Highway Access
CBRE pleased to offer to the market Lot 81/50 Edward Street, Wagga Wagga NSW for sale via Expressions of Interest. This premium Wagga development opportunity has the following key highlights:
+ Fuel, fast food and car wash development site with additional commercial building, designed to capture strong local and passing trade along the Sturt Highway at the gateway to the Wagga Sports Precinct
+ Large 8,104sqm corner freehold with direct access to Sturt Highway
+ Significant projected fully leased income, set to be underpinned by three pre-committed tenants and further income from the pre-existing commercial building
+ Blue chip covenant AFL's/OTL including a 12 year lease to 7 Eleven, 10 year lease to Banjos and 10 year lease to Sparkletown car wash, all with multiple options and fixed or CPI linked annual increases
+ Prime position directly opposite the Wagga Sports Precinct and the recently completed 25 million PCYC facility, adjoining Amart and within a wider precinct of national large format and convenience retailers, ensuring consistent seven day trade
+ Wagga Wagga: the largest inland city in New South Wales with a current population of circa 70,000+ and a broad economy across health, education, defence and logistics, supporting resilient trading conditions
To Be Sold by Expressions of Interest - Now Closed
Please contact the exclusively appointed sales team for more information. *approx
+ Fuel, fast food and car wash development site with additional commercial building, designed to capture strong local and passing trade along the Sturt Highway at the gateway to the Wagga Sports Precinct
+ Large 8,104sqm corner freehold with direct access to Sturt Highway
+ Significant projected fully leased income, set to be underpinned by three pre-committed tenants and further income from the pre-existing commercial building
+ Blue chip covenant AFL's/OTL including a 12 year lease to 7 Eleven, 10 year lease to Banjos and 10 year lease to Sparkletown car wash, all with multiple options and fixed or CPI linked annual increases
+ Prime position directly opposite the Wagga Sports Precinct and the recently completed 25 million PCYC facility, adjoining Amart and within a wider precinct of national large format and convenience retailers, ensuring consistent seven day trade
+ Wagga Wagga: the largest inland city in New South Wales with a current population of circa 70,000+ and a broad economy across health, education, defence and logistics, supporting resilient trading conditions
To Be Sold by Expressions of Interest - Now Closed
Please contact the exclusively appointed sales team for more information. *approx
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
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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