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161 Fernleigh Road
wagga wagga
NSW, 2650

SOLD
Land: 5704 sqm Property: 785 sqm

Industrial Property for Sale by Auction

With limited available land in the West Wagga Industrial Area this is an opportunity not to be missed. Located on busy Fernleigh Road, the property offers the benefit of a large part of it being undeveloped so you can value add and still utilize the current improvements for income whilst building.

In its current state, the property has a fenced display yard facing Fernleigh Road. Behind the display yard is an office building with a reception/display area, two offices and toilet. Behind the office building there are three warehouse/workshops with a total approximate area of 700m2. At the rear of the block there is approximately 3,450m2 of undeveloped land. The owner discloses the back two sheds with an area of approximately 430m2 have not been approved by Council.

Currently part of the property is leased until June 2023.

Date: Tuesday 17 May 2022
Time: 2.00pm
Venue: PRD Auction Rooms

Please contact Anthony Paul or Simon Azzopardi to receive a copy of the Information Memorandum.

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About wagga wagga

median house price

679500

suburb growth

4.5%

median house rent

490

suburb rental yield

3.7%

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.

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