High-profile location for Wagga investment opportunity

The property is located on the corner of Fitzmaurice Street and Johnston Streets, a busy and convenient intersection in the heart of the Wagga Wagga CBD.

42 Fitzmaurice Street is a large rectangular property with a site area of over 562 square metres, the property offers a secure CBD multi tenanted investment opportunity and a projected net income of approximately $131,500 plus GST providing a return of around 7.9 per cent.

This high-profile corner location includes four separate tenancy areas, with the head lease being held by the Commonwealth Bank of Australia.

With recent renovations, this low maintenance property is sure to impress the astute investor.

Surrounded by quality businesses including the Wagga Court House, Hunters on the Hill and Boyce Accountants.

The area is well regarded and presents well with the nearby Victory Memorial gardens and the Fitzmaurice Street refurbishment and upgrade.

Contact the Fitzpatricks Real Estate commercial team: Geoff Seymour on 0417 698 238 or Jeremy Callan on 0402 569 526.

This story High-profile location for Wagga investment opportunity first appeared on The Daily Advertiser.