High Yielding Convenience Retail Investment – 20 Year Lease
81 Docker Street , Wagga Wagga NSW
Property Highlights
Description
Burgess Rawson is pleased to offer to the market 81 Docker Street, Wagga Wagga NSW for sale via Offers to Purchase.
The property has the following investment highlights:
+ 20 year lease to 2036 plus 3 x 10 year options to 2066
+ Leased to Westside Petroleum, an owned subsidiary of Viva Energy: ASX listed $4.4 billion energy giant with 1,300+ locations nationally
+ Tenant pays outgoings as per the lease
+ Guaranteed rental growth with fixed 3% annual rent increases
+ Expansive 1,499sqm* corner landholding with over 75 metres* of combined frontage
+ Strategic central Wagga Wagga location within close proximity to Calvary Riverina and Wagga Wagga Base Hospital
+ Wagga Wagga: largest inland city and strongest regional economy in NSW. Situated within the Riverina region serving a vast population of 255,000+ people
+ Net Income $177,680 pa* + GST
For Sale via Offers to Purchase
Please contact the exclusively appointed Burgess Rawson sales team for more information.
*approx.
Property Details