Realisation Sale of 5 Shops – Landmark Development with Future Value Upside

1 flinders street, wagga wagga nsw

Price: Contact Agent

  • The Mill - Major New Development
  • Highway frontage to Edward Street
  • Unique Opportunity to Purchase

Property Details

For Sale by Expressions of Interest
Closing 4pm Thursday 2 August 2018 (Unless Sold Prior)

Unique opportunity to purchase the prime ground floor retail of a major development known as ‘The Mill’
‘The Mill’ – a brand new high profile development scheduled for residential, commercial, retail, future super medical, hotel accommodation and large on-grade car park
The subject offering comprises five (5) high profile retail tenancies with three (3) tenancies subject to long leases and two (2) current vacancies
Adjacent 156 room, 4.5 star hotel commencing construction late 2018
Wagga Wagga: NSW’s largest inland City with expansive 160,000 catchment
Value upside with future strata subdivision potential (STCA)
Current Passing Net Income: $307,135 pa + GST
Potential Fully Leased Net Income: $469,970 pa + GST
Vendor instructions to sell, surplus to requirements

Featured Details

Current Tenant Tenanted
Gross Building Area 1182 sqm
Land Size 1,182 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: NSW003306

Thank you for showing interest in us.

Contact Details

Office Details

Level 18, 15 Castlereagh Street, Sydney NSW 2000

T 02 9232 6288 E sydney@burgessrawson.com.au

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