
111
Fitzmaurice
Street
wagga wagga
NSW,
2650
Sold for $650,000
Fantastic Investment Opportunity
Situated on bustling Fitzmaurice Street, this well-maintained, two-storey brick building offers an exceptional investment opportunity with two long-term, reliable tenants already in place. This prime commercial property combines a highly visible location with valuable parking and a versatile layout, making it an attractive asset for any investor.
Key Features:
• Dual Tenancy: Two separate commercial spaces with long-term, stable tenants, offering immediate rental income with no vacancies.
• High-Exposure Location: Covered awning at the entrance provides excellent signage opportunities, ensuring maximum visibility to the high foot and vehicle traffic on Fitzmaurice Street.
• Prime Parking: Four dedicated carparks at the rear, accessed via Cadell Place. With parking at a premium in Wagga Wagga's CBD, this is a rare and valuable asset.
Well-Maintained Building: Constructed from solid brick, this building has been carefully maintained and features recent upgrades, including fully renovated bathroom facilities.
Property Breakdown:
• Ground Floor: 170m² of open-plan space with kitchen, newly renovated bathroom, and toilet. Currently leased to a well-established business.
• First Floor: 78m² of light-filled office space, divided into three separate offices, with high ceilings and a completely renovated toilet. Leased to a long-term professional tenant.
Why This Property?
• Prime Location: High-traffic Fitzmaurice Street, right in the heart of Wagga Wagga's CBD, surrounded by retail, office, and dining establishments.
• Strong Rental Income: Two long-term tenancies in place, providing reliable and consistent returns.
• Rare Parking: Four off-street carparks-an invaluable feature in this highly sought-after location.
This property offers the perfect balance of location, stability, and potential for future growth, making it an ideal investment opportunity in Wagga Wagga's thriving CBD. Contact us today to secure this prime commercial asset.
Disclaimer:
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About wagga wagga
median house price
700000suburb growth
3.8%median house rent
530suburb rental yield
3.9%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.