Stand alone building excellent tenant base and rental return
Prime main road location Edward Street (Sturt Highway)
Approx. 4,379m
- Purposefully converted building quality office suites for medical professionals.
- Centrally located in the heart of the revised Wagga Wagga LEP health & knowledge precinct, and in close proximity to Wagga Wagga's two major hospitals.
- Approx. net annual rental income $ 750,368.33.
- Ample tenant and visitor car parking.
- Site area approx. 4,379m. Potential for future building expansion.
- Hospital grade lift installed ambulance parking bay.
- Easy access to airport and CBD.
"Wagga Wagga Specialist Medical Centre" is a high profile commercial property located in a prime main road location.
Auction: Tuesday 4th April 2023
Auction Works Rooms,
Mezzanine Level,
50 Margaret Street,
Sydney NSW 2000.
Starting time 10.30am.
Inspections strictly by appointment.
Information Memorandum available.
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 6,054 properties.
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