197 Baylis Street, Wagga Wagga, NSW 2650

Offices | Medical

Sold $600,000

  • Property ID: 445567
  • Floor Area: 153m²
  • Land Area: 342m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 16/07/2024 153m2 342m2 $620,000
Multi Tenanted Main Street Investment!

Raine & Horne Commercial is pleased to present a Multi Tenanted Commercial Investment opportunity to the Market.
197 Baylis Street comprises of two Office/Medical tenancies, existing tenants in place include a Hearing Aid Specialist & a Local RSL LifeCare Office.
Perfectly positioned on the main Street in Wagga. This strong commercial position provides excellent signage opportunities & amazing exposure for tenants.
Surrounding by National retailers such as ANZ Bank, Myer, Gazman, Baby Bunting & Eckersley's Arts & Craft.
The property has been well looked after and presents a great opportunity to Invest in an up and coming location.

• Tenancy One, features a reception area with counter, two well sized consulting rooms both with basins, staff kitchen meals area with built in kitchenette as well as an additional storeroom.
• Tenancy Two, features an open plan reception area with a utility storeroom off reception including a built-in wash basin with cabinetry for storage. Off reception you have two offices, file storage room and a large kitchen and staff meals area.
Both tenancies have reverse cycle heating and cooling for all year round comfort.

The property enjoys rear lane access off Thompson Street, providing four reserved car spaces at the rear of the building for tenants use. All tenancies have front & rear access.
Presenting a secure investment opportunity with two leases in place to quality established tenants.

*Note front façade will be re painted by Vendor prior to property settlement.

For pricing information please contact the listing agents.

Wagga Wagga Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1159 $118 10.19%
Retail $3623 $242 6.69%
Offices $2206 $264 11.99%
This is the average advertised price, rent and yield for Wagga Wagga, NSW 2650*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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