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138 Baylis Street, Wagga Wagga, NSW, 2650

2. Property Highlights

Prime Main Street Freehold - Iconic Tenant with 73 Year History
  • 5 yr & 5 month net lease + opts to 2043
  • Prime CBD location
  • Net Income: $169,650 pa* + GST

Burgess Rawson is pleased to present 138 Baylis Street, Wagga Wagga NSW to the market for sale via Private Treaty.

The asset has the following investment features:

+ 5 year and 5 month net lease commenced 1st February 2023 plus options extending to 2043

+ Fitzpatricks: well-established tenant, operated from this address for over 24 years and in Wagga Wagga for 73 years

+ Net lease, with tenant paying all usual outgoings

+ Annual built-in CPI rent reviews

+ Two-storey freehold building in prime CBD location

+ High quality and extensive tenant fit-out featuring a combination of open plan and partitioned steel/glass frosted offices, prestige marble walls and granite flooring

+ Tenant plans in place to renovate and enlarge the kitchen/staff room, refurbish the reception area and add new meeting rooms

+ Wagga Wagga: NSW largest inland city, with 69,000 people which is expected to grow by over 12% to 2036

+ Net Income: $169,650 pa* + GST

For Sale via Private Treaty.

Please contact the exclusively appointed Burgess Rawson team for more information.


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3. Property Location

138 Baylis Street, Wagga Wagga, NSW, 2650

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4. Due Diligence

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138 Baylis Street, Wagga Wagga, NSW, 2650 Wagga Wagga
Burgess Rawson - Sydney
Burgess Rawson - Sydney
Level 11, 9 Castlereagh Street, Sydney NSW 2000, Australia
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