Sold By HARSH SHARMAA - Trident RE Group
Opportunities of this calibre are exceptionally rare in the current Riverina market. An incredible real estate proposition that comes complete with coveted council DA approval for a brand-new house and attached/detached granny flat.
Positioned in a highly stable, high-demand residential pocket, this property takes all the guesswork, lengthy council delays, and architectural planning stresses out of the equation. Buy today, build tomorrow, and capitalize on a dual-income cash-flow strategy or create a perfect multi-generational family estate.
Why settle for a standard 4% to 5% gross yield when you can unlock a dual-income powerhouse?
Two Rent Cheques, One Rates Notice:
By constructing both dwellings, you drastically mitigate your vacancy risk while generating two separate income streams off a single parcel of land.
Depreciation Benefits:
Building brand-new unlocks substantial tax depreciation benefits, allowing you to maximize your net cash flow from day one.
64 Spring Street puts you right in the heart of Wagga Wagga's incredibly tight rental market, boasting a vacancy rate consistently floating under 1%.
Education & Healthcare: Minutes away from local primary and secondary schooling, childcare facilities, and easy commuting distance to the Wagga Wagga Base Hospital and Charles Sturt University.
Retail & Lifestyle: A short drive to the bustling Wagga Wagga CBD, major marketplace shopping centres, local cafes, and the beautiful Wollundry Lagoon walking tracks.
Economic Strength: Backed by Wagga's diverse regional economy (defence, agriculture, health, and education), ensuring continuous capital growth and an endless pool of quality tenants.
*Disclaimer: All imagery, artist impressions, photography, floor plans, and master plans are for illustrative purposes only and may depict features, fixtures, or fittings that are not included with the property unless otherwise stated. All marketing materials are to be used as a general guide only, and interested parties should make their own independent enquiries regarding the property. *Subject to change.
