SOLD
RECENT ADVICE
Sold on 16 Jul 2024 for $620,000

197 Baylis Street
Wagga Wagga NSW 2650

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 153m2
Land area: 342m2
Save

Property Details for 197 Baylis St, Wagga Wagga

Building Type
Commercial
Floor Size
153m2
Land Size
342m2

Last Listing description (July 2024)

Raine & Horne Commercial is pleased to present a Multi Tenanted Commercial Investment opportunity to the Market.
197 Baylis Street comprises of two Office/Medical tenancies, existing tenants in place include a Hearing Aid Specialist & a Local RSL LifeCare Office.
Perfectly positioned on the main Street in Wagga. This strong commercial position provides excellent signage opportunities & amazing exposure for tenants.

Surrounding by National retailers such as ANZ Bank, Myer, Gazman, Baby Bunting & Eckersley's Arts & Craft.
The property has been well looked after and presents a great opportunity to Invest in an up and coming location.

• Tenancy One, features a reception area with counter, two well sized consulting rooms both with basins, staff kitchen meals area with built in kitchenette as well as an additional storeroom.
• Tenancy Two, features an open plan reception area with a utility storeroom off reception including a built-in wash basin with cabinetry for storage. Off reception you have two offices, file storage room and a large kitchen and staff meals area.
Both tenancies have reverse cycle heating and cooling for all year round comfort.

The property enjoys rear lane access off Thompson Street, providing four reserved car spaces at the rear of the building for tenants use. All tenancies have front & rear access.
Presenting a secure investment opportunity with two leases in place to quality established tenants.

*Note front façade will be re painted by Vendor prior to property settlement.

For pricing information please contact the listing agents.

Property History for 197 Baylis St, Wagga Wagga, NSW 2650

A timeline of how this property has performed in the market
Last Sold
$620,000
16 Jul 2024
Listed for Rent
$479/w
21 Oct 2022
  • 26 Jul 2024
    Sold for $620,000
  • 12 Jun 2024
    Listed for Sale Price Upon Application
  • 26 Feb 2024
    Sold
Sign in to see more transactions

Commute Calculator

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

Market Insights
Wagga Wagga Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

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


Median Value over 1 year
Wagga Wagga Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
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
Household
Occupancy
No data to show
Contact agent
Dylan Wooden
Show contact details
Craig Tait
Show contact details
Raine & Horne Commercial Wagga
Preferred contact:
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.