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Sold on 08 Dec 2024 - Price Unavailable

27-31 Forsyth Street
Wagga Wagga NSW 2650

Bedrooms: -
Bathrooms: -
Car spaces: 30
Floor area: 850m2
Land area: 2023m2
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Property Details for 27-31 Forsyth St, Wagga Wagga

Building Type
Commercial
Floor Size
850m2
Land Size
2023m2

Last Listing description (December 2024)

Phone enquiries - please quote property ID 34198.

PRIME LOCATION in HEART of CBD : Corner of Berry and Forsyth Streets, Wagga Wagga, NSW

Lot 1 and Lot 2 SP 49643 27-31 Forsyth Street Wagga Wagga.

Prime Investment Opportunity in Wagga’s Thriving CBD
Unlock the potential of this outstanding commercial property, perfect for savvy investors, developers, and forward-thinking purchasers eager to capitalise on a high-yield asset with development opportunities.

Property Overview:

Land Size: 2,023m² across two titles
Building Area: 850m²
Fully Tenanted: 6 shops, each generating strong returns with CPI increases secured

Located in the heart of Wagga’s bustling CBD, this property is zoned E2 Commercial Centre, with a maximum building height of 25m and recent approvals for higher developments—offering expansive growth potential.

Key Highlights:

43 Dedicated Car Parks: Spread across approximately 1,175m², providing the option to build above without disturbing current tenants or explore underground parking (STCA).
Steady Return on Investment: A reliable, fully leased property with built-in CPI increases for strong ongoing revenue.

Seize this rare opportunity to secure a performing asset in one of the region’s most dynamic commercial hubs.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist commercial property owners who are looking to sell or lease their own commercial property without paying any real estate commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.

Property History for 27-31 Forsyth St, Wagga Wagga, NSW 2650

A timeline of how this property has performed in the market
Last Sold
08 Dec 2024
Listed for Rent
$30/w
02 Dec 2024
    No history found for this property.

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About Wagga Wagga 2650

The size of Wagga Wagga is approximately 8.9 square kilometres. It has 13 parks covering nearly 21% of total area. The population of Wagga Wagga in 2011 was 6,961 people. By 2016 the population was 7,109 showing a population growth of 2.1% in the area during that time. The predominant age group in Wagga Wagga is 20-29 years. Households in Wagga Wagga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wagga Wagga work in a professional occupation. In 2011, 47.8% of the homes in Wagga Wagga were owner-occupied compared with 45.5% in 2016.

Wagga Wagga has 6,085 properties. Over the last 5 years, Houses in Wagga Wagga have seen a 71.52% increase in median value, while Units have seen a 55.78% increase. As at 28 February 2025:

  • The median value for Houses in Wagga Wagga is $586,864 while the median value for Units is $347,219.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 62 properties listed for sale, and 65 properties listed for rent in Wagga wagga on OnTheHouse. According to CoreLogic's data, 256 properties were sold in the past 12 months in Wagga wagga.

What's around 27-31 Forsyth St, Wagga Wagga

27-31 Forsyth St, Wagga Wagga is in the school catchment zone for Wagga Wagga Public School and Wagga Wagga High School.

Nearby Schools
Comparable Properties
South Wagga Public School
0.83km
Wagga Wagga 2650
PrimaryGovernmentP - 6Combined324 Enrolled
Wagga Wagga Public School
0.94km
Wagga Wagga 2650
IN CATCHMENTPrimaryGovernmentP - 6Combined438 Enrolled
Indie School Wagga
1.13km
Wagga Wagga 2650
SpecialNon-GovernmentCombined Enrolled
Kildare Catholic College
1.19km
Turvey Park 2650
SecondaryNon-Government7 - 12Combined854 Enrolled
Wagga Wagga High School
1.41km
Turvey Park 2650
IN CATCHMENTSecondaryGovernment7 - 12Combined1075 Enrolled
The Bidgee School
1.42km
Turvey Park 2650
SpecialGovernmentCombined27 Enrolled
Willans Hill School
1.62km
Turvey Park 2650
SpecialGovernmentCombined65 Enrolled
North Wagga Public School
2.03km
North Wagga Wagga 2650
PrimaryGovernmentP - 6Combined266 Enrolled
Turvey Park Public School
2.21km
Turvey Park 2650
PrimaryGovernmentP - 6Combined393 Enrolled
Sturt Public School
2.45km
Kooringal 2650
PrimaryGovernmentP - 6Combined361 Enrolled

Suburb Insights for Wagga Wagga 2650

Market Insights
Wagga Wagga Trends for Houses
Median Value

$587k

2.14%
View Trend
Median Growth

2.18%

View Trend
Median Rent

$490/W

4.26%
View Trend
Rental Yield

4.54%

2.95%
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year (03/24 - 02/25)
Wagga Wagga Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

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Median Rent

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Rental Yield

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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 7,109

0-9

 

9%

10-19

 

8%

20-29

 

21%

30-39

 

14%

40-49

 

10%

50-59

 

12%

60-69

 

10%

70-79

 

8%

80-89

 

5%

90-99

 

2%

Household Structure
Occupancy
Contact agent
No Agent Property - NSW
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all liability for any loss or damage arising in connection with the data and information contained in this publication.
Valuations and Estimates
This estimate is provided by CoreLogic, and is based on statistical market data such as recent local sales, property size, number of bedrooms and many more factors. It comes from public data, which may be incomplete or inaccurate, and should not be used in lieu of a professional appraisal under any circumstances, including for lending purposes or in home loan applications.
School data and Content
Product Data licenced by CoreLogic under a Creative Commons Attribution licence. For details regarding licence, data source, copyright and disclaimers, see https://www.corelogic.com.au/legals/third-party-restrictions
ABS data
This publication contains data and statistics provided by the Australian Bureau of Statistics, available at http://www.abs.gov.au/ and reproduced under Creative Commons Attribution 2.5 http://creativecommons.org/licenses/by/2.5/au/legalcode
Liveability information
The Liveability Score is a rating (out of 10) provided by Propella.ai Pty Ltd as a guide about how "well-connected" properties are in certain local areas. The Liveability Score is based on statistical data about a local area in which a property is located including the distance to and number of available facilities and services (including schools, parklands, health services, shopping and public transport) (Liveability Data). The Liveability Data and Liveability Score has not been verified or confirmed by CoreLogic, is not available for all properties, and is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. Given the relative nature of the Liveability Score, propella.ai anticipate that scores for individual properties will change over time.