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Sold - Lot 22, Wagga Wagga, NSW

Sold – Lot 22, Wagga Wagga, NSW

99m2  2 Bedrooms 2 Bathrooms Year Built: 2005

A very spacious two bedroom twin key apartment with large living area, 2 bathrooms and entertainer terrace.
Recently undergone painting.
LARGE 88m2 INTERNAL + 11m2 terrace and
carpark on title.
Ground floor apartment.
(Please note due to long term occupancy images of lot 22 were unable to be taken. Please note all the images contained in this email are generic to the property. Please refer to floor plan attached for layout).

Lot Asking Price status Gross Return Net Return Weekly Return Annual Rent
22 $435,100 SOLD 7.58% 7.26% $635.00 ($33,015 p/a

Next Rent Increase: December 2018

Rent Increases as follows:
Dec 2018: 8.07%
Dec 2019: 8.40%
Dec 2020: Market Review.
Lease Terms: Lease to 30/12/2020 with 4 x 5 Year options
Rent Increases: 4% yearly with market rent reviews every 5 years (next due 2020)

As one of largest regional cities in NSW, and the capital of the Riverina, Wagga Wagga is often referred to as the Garden City with its tree-lined streets, sculpted parks and award-winning gardens.
Wagga Wagga’s economic environment provides an excellent place for businesses to develop and prosper with easy
access to transport infrastructure such as the Wagga Wagga Airport and National Highways linking the City with the rest of Australia.
Quest Wagga Wagga is ideally located in the business district of town

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