50 Johnston Street
Wagga Wagga, NSW 2650

Overview

50 Johnston Street

Positioned in the heart of the Wagga Wagga CBD, this prime commercial property presents a secure investment opportunity with a reliable NSW Government tenant currently leasing the premises.

The building is constructed from solid brick and features an iron roof that is in good condition, ensuring durability and low maintenance. Its location just off Fitzmaurice Street offers excellent accessibility for both tenants and visitors, complemented by ample on-street parking directly at the doorstep and a large council car park situated opposite the property.

In 2022, the property underwent extensive internal renovations tailored to meet the operational needs of the current NSW Government department. This resulted in a purpose-built fit-out designed to support the tenant's ongoing use, enhancing the functionality and efficiency of the space.

Additional benefits include six reserved car spaces located in a car park at the rear of the building, providing convenient parking options for staff and visitors alike.

The lease agreement is set to expire on 31 May 2027 and includes two further five-year options, indicating potential for long-term occupancy. The significant tenant-specific fit-out further underscores the likelihood of continued tenancy, offering investors a stable and secure income stream.

This property combines a strategic location, solid construction, and a strong tenant profile, making it an attractive proposition for investors seeking a fully leased commercial asset in a prominent regional centre.

Disclaimer:
All information provided is gathered from sources considered reliable; however, accuracy cannot be guaranteed. Interested parties are advised to conduct their own enquiries. Some properties may be marketed without a price guide at the vendor's request. This website may categorize properties into price brackets for functionality purposes. Personal information collected during the campaign will be retained for follow-up and marketing unless otherwise instructed in writing.

Note: Some images used in marketing materials may have been enhanced or refined using AI-assisted editing tools, including object removal and image clean-up. Prospective purchasers should rely on their own inspections and enquiries to verify all information, images, dimensions, inclusions, and features.

Location