27-31 Forsyth Street Wagga Wagga NSW 2650
Under Offer

DESCRIPTION

Phone enquiries - please quote property ID 34198.

PRIME LOCATION in HEART of CBD : Corner of Berry and Forsyth Streets, Wagga Wagga, NSW

Lot 1 and Lot 2 SP 49643 27-31 Forsyth Street Wagga Wagga.
Prime Investment Opportunity in Wagga’s Thriving CBD
Unlock the potential of this outstanding commercial property, perfect for savvy investors, developers, and forward-thinking purchasers eager to capitalise on a high-yield asset with development opportunities.

Property Overview:

Land Size: 2,023m² across two titles
Building Area: 850m²
Fully Tenanted: 6 shops, each generating strong returns with CPI increases secured

Located in the heart of Wagga’s bustling CBD, this property is zoned E2 Commercial Centre, with a maximum building height of 25m and recent approvals for higher developments—offering expansive growth potential.

Key Highlights:

43 Dedicated Car Parks: Spread across approximately 1,175m², providing the option to build above without disturbing current tenants or explore underground parking (STCA).
Steady Return on Investment: A reliable, fully leased property with built-in CPI increases for strong ongoing revenue.

Seize this rare opportunity to secure a performing asset in one of the region’s most dynamic commercial hubs.

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