11
Saxon
Street
wagga wagga
NSW,
2650
SOLD
Land: 5171 sqm
Property: 3025 sqm
Warehouse Complex for Sale in Saxon Street
This property will be appealing to any investor. It is currently leased to a long-term national tenant on a five year lease with the option of a further two five year periods. Offering an approximate return of 7.5% on the investment.
The complex is in excellent condition. The shed is constructed of steel sheeting with access via a large roller door at the front and a further roller door down the side. The building covers an area of approximately 2900 sqm. Within the front of the shed is a brick administration building with a reception/showroom, two offices, male, female, and workers' toilets, and a kitchen. There is also a mezzanine level of approximately 125 sqm with a large open area, two storerooms and a lunchroom with a kitchen, bringing the total floor area available to approximately 3025 sqm.
The balance of the land is given over to a large side storage yard and onsite parking at the front. The whole site is fully concreted and fenced with access via security gates at the front of the property.
11 Saxon Street is located in the West Wagga industrial precinct on a site with prime exposure to the entrance to Bunnings, which is located at the end of Saxon Street. The area is zoned IN2 in the WWCC LEP2010 and offers easy access to the Sturt Highway and the surrounding suburbs.
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About wagga wagga
median house price
680000median house rent
500suburb rental yield
3.8%Similar Properties
Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.
