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Sold on 02 Sep 2024 - Price Unavailable

39 Dobney Avenue
Wagga Wagga NSW 2650

Bedrooms: -
Bathrooms: -
Car spaces: 120
Floor area: 2894m2
Land area: 5273m2
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Property Details for 39 Dobney Ave, Wagga Wagga

Building Type
Commercial
Floor Size
2894m2
Land Size
5273m2
Local Government
Wagga Wagga
Lot/Plan
4/DP791193

Last Listing description (September 2024)

• Centrally located in the popular West Wagga Wagga Business Precinct
• Easily accessible to the Sturt Highway, CBD and surrounding suburbs
• Fully leased to a national ASX listed company - operating under the Club Lime brand

• 15 year lease to Viva Leisure Property until September 2033 plus 4 x 5 year options
• Modern purpose built improvements with a contingency for alternate use
• Large full format fitness centre featuring high quality inclusions
• Multiple gymnasium areas and facilities including ladies only gym, physiotherapy centre and creche
• Strong performing centre with large membership base
• DA Approval and infrastructure in place for a Cafe and Alfresco area
• Wide frontage to Dobney Avenue - a busy arterial road with high traffic flow
• 120 vehicle customer car park on site with dual access points
• Excellent return on investment presenting an amazing opportunity for serious investors
• Net Income approx. $803,000 p.a + GST

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Property History for 39 Dobney Ave, Wagga Wagga, NSW 2650

A timeline of how this property has performed in the market
Last Sold
02 Sep 2024
  • 02 Sep 2024
    Sold for $10,300,000
  • 08 Feb 2024
    Listed for Sale Contact Agent for Details
  • 15 Dec 2016
    Sold for $2,185,000
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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 6,071 properties. Over the last 5 years, Houses in Wagga Wagga have seen a 64.07% increase in median value, while Units have seen a 56.42% increase. As at 30 September 2024:

  • The median value for Houses in Wagga Wagga is $562,557 while the median value for Units is $348,780.
  • Houses have a median rent of $490 while Units have a median rent of $380.
There are currently 67 properties listed for sale, and 57 properties listed for rent in Wagga wagga on OnTheHouse. According to CoreLogic's data, 253 properties were sold in the past 12 months in Wagga wagga.

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Dylan Wooden
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Raine & Horne Commercial Wagga
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