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48-50 Hammond Avenue (Sturt Highway), Wagga Wagga, NSW 2650

48-50 Hammond Avenue (Sturt Highway), Wagga Wagga, NSW 2650

Showrooms/Bulky Goods Retail Industrial/Warehouse

  • Sold Contact Agent
  • Thu 16-May-19

Global Gas Giant – Listed on the New York Stock Exchange

  • First time offered in 30 years
  • Minimum 4% annual rent increases
  • Net Income $233,738 pa + GST

  • Land Area
  • 3000.00 m² (approx)
  • Floor Area
  • 1 m²
  • Tenure Type
  • Tenanted Investment
  • Building
  • Whole
  • Last Updated
  • Jun 14, 2019

Interested in this property? Contact an Agent today

Cushman & Wakefield - Sydney

Level 22, 1 O'Connell Street

Sydney NSW 2000

Geoff Sinclair, Cushman & Wakefield - Sydney
Geoff Sinclair

Global Gas Giant – Listed on the New York Stock Exchange

Cushman and Wakefield are pleased to present to the market 48-50 Hammond Avenue (Sturt Highway), Wagga Wagga for sale via Public Auction.

The property has the following key characteristics:

• 10 year lease to 2025 + options to 2035
• BOC Ltd - Wholly owned subsidiary of Fortune 500 Linde PLC, the world’s largest industrial gas company by market share/revenue. Listed entity on German and New York Stock Exchange with market cap over $100B
• First time offered to the market in 30 years
• Proven performer with tenant occupying the same site for over 20 years
• New purpose built facility in 2015 offering significant depreciation benefits
• High profile 3,000 sqm corner site with exposure to over 11,000 cars daily
• Strategically located along Wagga’s main retail and commercial strip, neighbouring national tenants Hungry Jacks, KFC, Good Year, Officeworks and Harvey Norman
• Wagga Wagga - Largest inland city and strongest regional economy in NSW. Situated within the Riverina region servicing a vast population of 255,000 people
• Tenant pays 100% of outgoings
• Minimum 4% annual rent increases
• Net Income $233,738 pa + GST

48-50 Hammond Avenue (Sturt Highway), Wagga Wagga, NSW 2650

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