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104 Baylis St 538 SF Office/Retail Condo Unit Offered at $371,749 CAD in Wagga Wagga, NSW 2650
Investment Highlights
- Prime location on Baylis Street in the heart of Wagga Wagga’s CBD retail precinct
- Directly opposite Wagga Wagga Marketplace and surrounded by national retailers
- Positioned near the busiest mid-block pedestrian crossing for maximum foot traffic
- Convenient access to a large council car park at the rear of the property
Executive Summary
Positioned in the vibrant core of Wagga Wagga’s CBD, this property offers an exceptional opportunity for investors seeking a secure, income-generating asset in a high-traffic retail location. Situated on Baylis Street, the city’s premier retail strip, the property enjoys maximum exposure near the busiest mid-block pedestrian crossing and sits directly opposite Wagga Wagga Marketplace.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | APN/Parcel ID | CP/SP63397 |
| Cap Rate | 6.67% |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| APN/Parcel ID | CP/SP63397 |
Description
Low-maintenance property in the vibrant heart of Wagga Wagga’s CBD. This 50sqm space offers a modern, functional layout with aluminum and glass frontage, suspended ceiling, and reverse cycle air conditioning for year-round comfort. Allows for flexibility, making this an attractive option for those seeking a live-work arrangement or a boutique-style conversion, subject to approvals. With its central position, modern finishes, and proximity to key amenities, this property offers a unique opportunity to enjoy a connected, low-maintenance lifestyle in one of regional NSW’s most dynamic hubs.
Sale Notes
This property presents a secure retail investment opportunity in the heart of Wagga Wagga’s central business district. Located on Baylis Street, the city’s primary retail corridor, the asset benefits from high pedestrian traffic and strong visibility near the busiest mid-block crossing. Positioned directly opposite Wagga Wagga Marketplace and surrounded by national retailers such as Subway, Kathmandu, Sheridan, and Harris Scarfe, the location ensures consistent customer flow and long-term demand.
The property comprises approximately 50 m² and is improved with a modern aluminum and glass shopfront, suspended ceiling, and reverse cycle air conditioning. A large council car park at the rear provides convenient access for customers and visitors. The investment is underpinned by a new three-year lease through August 2028, generating a net rental of $25,000 per annum plus GST, with the tenant responsible for all outgoings. Council rates and strata fees remain modest, supporting strong net returns.
The property comprises approximately 50 m² and is improved with a modern aluminum and glass shopfront, suspended ceiling, and reverse cycle air conditioning. A large council car park at the rear provides convenient access for customers and visitors. The investment is underpinned by a new three-year lease through August 2028, generating a net rental of $25,000 per annum plus GST, with the tenant responsible for all outgoings. Council rates and strata fees remain modest, supporting strong net returns.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 2 | 538 SF | Office/Retail | $371,749 CAD ($690.98 CAD/SF) | $24,783.30 CAD |
Unit 2
| Unit Size |
| 538 SF |
| Condo Use |
| Office/Retail |
| Price |
| $371,749 CAD ($690.98 CAD/SF) |
| NOI |
| $24,783.30 CAD |
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Unit 2
| Unit Size | 538 SF |
| Condo Use | Office/Retail |
| Price | $371,749 CAD ($690.98 CAD/SF) |
| NOI | $24,783.30 CAD |
| Sale Type | Investment |
| Cap Rate | 6.67% |
| APN/Parcel ID | CP/SP63397 |
| Description | |
| Low-maintenance property in the vibrant heart of Wagga Wagga’s CBD. This 50sqm space offers a modern, functional layout with aluminum and glass frontage, suspended ceiling, and reverse cycle air conditioning for year-round comfort. Allows for flexibility, making this an attractive option for those seeking a live-work arrangement or a boutique-style conversion, subject to approvals. With its central position, modern finishes, and proximity to key amenities, this property offers a unique opportunity to enjoy a connected, low-maintenance lifestyle in one of regional NSW’s most dynamic hubs.</li></ul> | |
| Sale Notes | |
| This property presents a secure retail investment opportunity in the heart of Wagga Wagga’s central business district. Located on Baylis Street, the city’s primary retail corridor, the asset benefits from high pedestrian traffic and strong visibility near the busiest mid-block crossing. Positioned directly opposite Wagga Wagga Marketplace and surrounded by national retailers such as Subway, Kathmandu, Sheridan, and Harris Scarfe, the location ensures consistent customer flow and long-term demand.<br> The property comprises approximately 50 m² and is improved with a modern aluminum and glass shopfront, suspended ceiling, and reverse cycle air conditioning. A large council car park at the rear provides convenient access for customers and visitors. The investment is underpinned by a new three-year lease through August 2028, generating a net rental of $25,000 per annum plus GST, with the tenant responsible for all outgoings. Council rates and strata fees remain modest, supporting strong net returns.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 11,065 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 5,533 SF |
| Property Subtype | Storefront | Lot Size | 0.13 AC |
| Building Class | C |
| Total Building Size | 11,065 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 5,533 SF |
| Lot Size | 0.13 AC |
Amenities
- Signage
- Automatic Blinds
- Storage Space
- Monument Signage
1 1
Nearby Major Retailers
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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104 Baylis St
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