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50 Johnston Street
wagga wagga
NSW, 2650

$1,220,000

Land: 202.30 sqm Property: 336 sqm

Fully Leased Investment Opportunity

Positioned in the heart of the Wagga Wagga CBD, this prime commercial property offers investors a secure opportunity with an established NSW Government tenant in place.

Constructed of solid brick with an iron roof in good condition, the property is ideally located just off Fitzmaurice Street, benefiting from excellent accessibility, ample on-street parking at the doorstep, and a large council car park directly opposite.

In 2022, the building underwent extensive internal renovations to accommodate the operational requirements of the current NSW Government department, resulting in a purpose-built fit-out that supports the tenant's ongoing use of the premises.

The property also benefits from six (6) reserved car spaces located in a car park at the rear of the building.

The lease expires on 31 May 2027 and includes two (2) further five-year options. The significant tenant-specific fit-out provides a strong indication of potential long-term occupancy.

Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Some of our properties are marketed from time to time without a price guide at the vendor's request. This website may have filtered the property into a price bracket for website functionality purposes. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing. https://prdwagga.com.au/privacy-policy//

Some images used in this marketing material may have been enhanced or refined using AI-assisted editing tools, including object removal and image clean-up. While every care has been taken to present the property as accurately as possible, purchasers should make their own enquiries and rely on their own inspections to satisfy themselves as to the accuracy of all information, images, dimensions, inclusions and features.

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About wagga wagga

median House price

759000

suburb growth

8.4%

median House rent

550

suburb rental yield

3.8%

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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