Investment Opportunity

Positioned in a prominent Turvey Park location and within ease of access to Wagga's CBD, this multi level unit complex is a fantastic investment opportunity with existing leases in place and potential to further develop and renovate on the block.

For those looking for a quality investment addition to an existing portfolio or wanting to pursue a different investment venture, this complex is one to run your numbers on.

Key Property features include:

• 3 x 1 bedroom units and 1 x 3 bedroom unit
• Three bedroom unit would make a great home, office and or studio space for those wanting to run a business from the building.
• All units have current leases in place to long term tenants with decent return on investment.
• Current rental income $870 per week with further room for movement in the current rental market.
• Potential to increase rent return to $960.00 p/w, based on current market conditions.
• Additional opportunity to increase return through renovations and unit upgrades.
• Located close to prominent school catchments, parklands, recreational facilities, direct access to the CBD and medical precinct.
• Situated on a 999sqm block.
• Access to carports via Heath Street and single lock up garage allocation for 3 bedroom unit.

** Expressions of Interest close Thursday 25 November, 2pm **

Rates: $5,313.54 p.a.
Land: 999 sqm

Explore the area

School catchments

Turvey Park Public School Primary K-6 Government 0.22km
Wagga Wagga High School Secondary 7-12 Government 0.59km
Kildare Catholic College Secondary 7-12 Catholic 0.68km
Henschke Primary School Primary K-6 Catholic 0.85km
Saint Mary MacKillop Colleges Limited Combined K-12 Independent 1.0km
Mount Austin Public School Primary K-6 Government 1.1km
South Wagga Public School Primary K-6 Government 1.2km
Mount Austin High School Secondary 7-12 Government 1.6km
Sturt Public School Primary K-6 Government 1.9km
Sacred Heart Primary School Primary K-6 Catholic 2.0km
OneSchool Global NSW - Wagga Wagga Combined 3-12 Independent 2.2km
Holy Trinity West Wagga Primary K-6 Catholic 2.3km
Wagga Wagga Public School Primary K-6 Government 2.3km
Red Hill Public School Primary P-6 Government 2.3km
Ashmont Public School Primary K-6 Government 2.4km
St Joseph's Primary School Primary K-6 Catholic 2.6km
Kooringal High School Secondary 7-12 Government 2.7km
Kooringal Public School Primary K-6 Government 2.7km
Wagga Wagga Christian College Combined K-12 Independent 2.9km
Riverina Environmental Education Centre Combined Government 4.5km
Mater Dei Catholic College Secondary 7-12 Catholic 5.4km
The Riverina Anglican College Combined K-12 Independent 6.7km
The Rock Central School Combined K-12 Government 27.0km
Junee High School Secondary 7-12 Government 35.7km
Coolamon Central School Combined K-12 Government 37.9km
Lockhart Central School Combined K-12 Government 59.5km
Billabong High School Secondary 7-12 Government 65.8km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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