Premium Industrial & Showroom Facility In Tightly Held Large Format Retail Precinct

Description

CBRE is pleased to offer to the market Watertek located at 35-37 Dobney Avenue, Wagga Wagga, NSW for sale via our Investment Portfolio Auction 188.

+ Seven (7) year lease to 2029 plus two (2) further five (5) year options through to 2039.
+ Watertek: established regional specialist in irrigation and plumbing supplies, operating high-end bathroom showrooms and trade counters servicing the Riverina.
+ Landlord-favourable, net lease terms with tenant responsible for council rates, water rates, insurances and land tax (single holding basis).
+ Annual CPI rent reviews
+ Six (6) month bank guarantee providing strong lease security.
+ Commanding 2,750sqm* freehold site with a 2,224sqm* well-maintained showroom, trade counter and warehouse facility.
+ Dual access via a full-length side lane, providing ease of deliveries and high visibility to Dobney Avenue.
+ Premier commercial hub location within the West Wagga Wagga trade precinct, alongside Bunnings, Reece, Coates Hire, Tyrepower and Mobil.
+ Wagga Wagga: largest inland city in NSW and the key service centre for the Riverina, positioned at the junction of the Sturt and Olympic Highways, Canberra (245km east), Sydney (460km north-east) and Melbourne (450km south-west)*
+Riverina: regional catchment of over 160,000* people at the heart of the Murray-Darling Basin, which produces approximately 40%* of Australia’s food and fibre.
+ Net income: $237,702 pa* + GST

To be sold via Investment Portfolio Auction 188
10:30am AEDT Tuesday 27 October 2026
Yallamundi Rooms, Sydney Opera House

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Contact agents
Matthew Wright Senior Director
+61 458 290 588
George Wilkinson Associate Director
+61 439 173 049
Kieran Bourke Senior Director
0417 418 007
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Wagga Wagga, NSW

35-37 Dobney Avenue

For Sale by Portfolio Auction
Tuesday 27th October 10:30AM Yallamundi Rooms, Sydney Opera House

This property is part of Portfolio 188

Price: Contact Agent

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