increased demand for houses

06/06/2013

smoke alarm maintenance &
additional mid-month payment

13/06/2013

commercial sales support buyer confidence

12/06/2013
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Yirribin_blog_300pxFitzpatricks PCI Commercial have had a number of recent commercial sales, supporting a continuing sign of confidence in the local commercial and investment property market. The sale of 1 Yirribin Place and 85 – 87 Copland Street are two examples of this positive turn in the market.

1 Yirribin Place sold at auction on 7th June 2013 for $1.375 million with a 10 year lease to Goodstart Early Learning. The auction generated a large amount of interest from parties both inside and outside of Wagga Wagga. Shaun Lowry from Fitzpatricks PCI Commercial commented that it is rare for property with a strong 10 year lease to such a secure tenant to be offered for sale.

85 – 87 Copland Street sold in October 2012. It was listed at $1.995 million and the sale price was understood to be close to the asking price. The brand new development incorporates a lease to the national firm Blackwoods. Selling agent Greg Howick of Fitzpatricks PCI Commercial, stated the out of town buyer was impressed by the standard of development in the area and in the city as a whole.

Both of these sales are an outstanding result not only for Fitzpatricks PCI Commercial but also for buyer confidence in the Wagga Wagga area.