200 Baylis St 2,852 SF Retail Building Wagga Wagga, NSW 2650 For Sale

This fully leased mixed-use freehold property presents a compelling investment opportunity in the heart of Wagga Wagga’s premier retail and commercial precinct. Positioned along Baylis Street, one of the city’s most prominent thoroughfares, the asset combines a modern commercial office space with an upgraded two-bedroom residential unit, ensuring a diversified and secure income stream.
The ground floor features a functional office layout with a kitchenette, staff meals area, and separate male and female amenities, complemented by reverse-cycle heating and cooling for year-round comfort. The property’s contemporary glass façade provides strong street presence and brand visibility, appealing to both tenants and customers.
The upper-level residential unit has been refurbished with an updated kitchen and bathroom, adding to the property’s long-term rental appeal. Rear lane access via Tongaboo Lane offers three car spaces and a secure garage, enhancing convenience for occupants. Surrounded by established retail and hospitality operators, this property benefits from consistent foot traffic and a vibrant commercial environment.
With an attractive 7.15% net return and a tightly held main street location, this asset offers immediate yield and long-term growth potential for investors seeking a stable, income-producing property in a thriving regional hub.