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Fully Leased - 5 year leaseback with main tenancy

14 Baylis Street, WAGGA WAGGA NSW, 2650

For Sale

Property for Sale in 14 Baylis Street, WAGGA WAGGA NSW, 2650

Listing ID:
11322989
Status:
Active
For:
Sale
Price:
$1,895,000 plus GST if applicable
Last Updated:
25/06/2019
Icon building

Property Type

Retail/Offices
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Land Area

1015 SQM
Icon size

Floor Area

1030 SQM
Icon parking

Parking

N/A

Fully Leased - 5 year leaseback with main tenancy

The property is located on the western side of Baylis Street approximately 50 metres north of the intersection of Baylis Street and Edward Street (Sturt Highway).

Baylis Street is the main retail centre of the city of Wagga Wagga and the subject property has prominent frontage to that street.

Located to the rear of the property is Tongaboo Lane which provides access through to car parking areas off Peter Street and is also provides the delivery access to the property.

Area:
This property has a land area size of approximately 1,015 square metres (as per council records).

Zoning:
B3 - Commercial Core

Improvements:
Erected on the property is a refurbished commercial building development with attractive street presentation.

The original design comprised three retail allotments across the street front with the building having been substantially refurbished in recent years with an attractive bull nose verandah and façade installed together with stained timber display window frames.

The main tenancy area has an area of approximately 850m2 which includes a mezzanine office, rear landing and storage.

The presentation of the retail area comprises exposed ceilings and truss work to provide an attractive spacious area.

To the northern portion is a café / coffee lounge with an area of approximately 180m2.

The Café has operated from the site for some time with external and internal seating capabilities, modern kitchen (lessee’s fittings) and rear storage and toilet facilities.

**The property is offered for sale by Private Treaty as a fully leased premises.

Price:
$1,895,000 (before GST)
Property is being sold as a going concern where GST should not be applicable (subject to an individual tax status)

Disclaimer
All areas and figures approximate only. All precautions have been taken to establish the accuracy of the above information, but does not constitute any representation by the Agent of Vendor. All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

For more details, please email agent

Fitzpatricks Real Estate

138 Baylis Street, Wagga Wagga, NSW 2650


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