SOLD
Sold on 17 Oct 2024 for $940,000

19 Baylis Street
Wagga Wagga NSW 2650

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 344m2
Land area: 345m2
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Property Details for 19 Baylis St, Wagga Wagga

Building Type
Commercial
Floor Size
344m2
Land Size
345m2
Local Government
Wagga Wagga
Lot/Plan
2/DP578942

Last Listing description (May 2023)

Location:
This property is strongly located on the eastern side of Baylis Street in the first block of the main street - the gateway to the Central Business District. It is a high traffic area close to the Edward Street (Sturt Highway) intersection. It is surrounded by retail shops, such as Rebel Sports and Intersport, Anytime Fitness as well as a variety of takeaway food outlets, restaurants, cafes and hotels. A number of office suites and a medical practice also contribute to the diverse mix of businesses in the area.

Area: Net lettable area approx. 129 sqm

Zoning: B3 Commercial Core

Improvements:
- modern style outlet with attractive facade
- retail or office use
- fitted out to food (pizza) premises
- good shop front with customer entry
- open retail area, rear storage and staff facilities
- undercover parking to the rear and the rear laneway provides goods delivery access

Lease Term: Three to five years preferred

Rent Review: Annual method by negotiation

The agent does not have authority to enter into a lease or bind the lessor without specific authority in the form of formal lease documentation. Oral lease agreements are expressly denied. All of the information contained in this document is from sources the Agent and Lessor believe to be reliable; however, we cannot guarantee its accuracy. Prospective Lessee's are advised to carry out their own investigations.

Property History for 19 Baylis St, Wagga Wagga, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$940,000
17 Oct 2024
Listed for Rent
$998/w
21 Dec 2020
  • 17 Oct 2024
    Sold for $940,000
  • 15 Jun 2023
    Sold for $670,000
  • 21 Feb 2023
    Listed for Rent - Price not available
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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 6,080 properties. Over the last 5 years, Houses in Wagga Wagga have seen a 64.76% increase in median value, while Units have seen a 60.89% increase. As at 30 November 2024:

  • The median value for Houses in Wagga Wagga is $563,919 while the median value for Units is $369,665.
  • Houses have a median rent of $490 while Units have a median rent of $390.
There are currently 67 properties listed for sale, and 71 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.

Suburb Insights for Wagga Wagga 2650

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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 for any loss or damage arising in connection with the data and information contained in this publication.