PRIME COMMERCIAL PROPERTY WITH EXCELLENT LONG TERM INVESTMENT AND FUTURE DEVELOPMENT POTENTIAL
Phone enquiries - please quote property ID 34198.
Location: Corner of Berry and Forsyth Streets, Wagga Wagga, NSW
This exceptional commercial retail complex is perfectly positioned in the heart of Wagga Wagga's bustling CBD, a hotspot for business and retail activities. With its prime location on one of the busiest roundabouts in the CBD, this property offers unparalleled visibility and high foot traffic.
Close to major Shopping Malls Woolworths, Coles, Aldi, Post Office, banks, Supercheap Auto, Wagga Fruit Supply, and Wagga Meat Supply, The Oasis Aquatic Centre & Gyms.
Loads of parking around the area as well as on the property itself.
Property Features:
* Total Land Size: [2023 sqm] - strata titles
* Land is on two lots
* Building Area: [850 sqm]
* Building Type: Solid
* Parking: 43 car parks in total
* Titles: Two titles, selling as one
* Tenancies: 6 tenancies all leased with long-term tenants.
Development Opportunities:
* Potential to build over the carpark area (subject to council approval)
* Opportunity to extend the existing building (subject to council approval)
Wagga Wagga is an expanding and vibrant regional city with a strong community and a growing population. Wagga is a hub for industry, healthcare, education and recreation. Wagga’s community values quality and personal service, aligning perfectly with its business ethos.
This property is ideal for investors, astute purchasers, or developers looking to capitalise on a prime location with excellent returns and multiple development possibilities. Don't miss out on this rare opportunity to secure a high-performing asset in a thriving commercial hub.
Attractive reasons why commercial investors look at Wagga Wagga is because of it's location to Sydney and Melbourne and Canberra, A busy Airport, Rail Service, it is the Hub of Australian Defence Services Kapooka Army Base and RAAFR Wagga Wagga. Charles Sturt University is a first pick for some of the courses on offer in addition to the Bomen Industrial Park on the north east side of the city.
Wagga Livestock Selling Centre is the largest in the southern hemisphere for the Australian Sheep Market along with US Owned Cargill Abattoir supporting the Cattle export market.
Riverina Oils also produces canola oil from the plant that was built in 2013 giving the Agriculture sector only needing to transport their product to a closer facility.
Wagga Wagga is a fantastic place to Live Work and Invest with everything from Highly Respected Schools, Colleges, Universities and Sporting Facilities,
Construction Industry is the largest Industry 19.4% ,Agriculture 15.9%, Rental and Real Estate Services 10.5%, Health Care 9.1%, Professional, Scientific and Technical Services 6.5%, these figures are above average for NSW.
https://economy.id.com.au/wagga-wagga/number-of-businesses-by-industry
With a Medium House Price of $597,000 (2024) it's a highly attractive alternative to have a business of any size in Wagga Wagga .
Population: https://forecast.id.com.au/wagga-wagga
DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.