Central Wagga Development

Nestled in the thriving heart of Wagga Wagga’s CBD, 184 Forsyth Street presents a golden opportunity for discerning investors and developers. This substantial residential land parcel , spread over a generous 1,184 square metres, offers an outstanding prospect to capitalise on its prime location and existing approvals.

Currently occupying the site is a neat, tidy and original-condition dwelling, complete with ducted air conditioning and a comfortable arrangement of living, dining, and family rooms. This two-bedroom home, which is currently leased at $350.00 per week with a lease expiring in August 2025, provides an immediate income stream for the savvy investor, ensuring returns whilst planning for development.

Importantly, the land has already been subdivided into three separate titles—184 Forsyth, 184a Forsyth, and 186a Forsyth—with approvals granted by the Wagga Wagga City Council, paving the way for a streamlined development process. Whether the vision is to renovate the existing structure to make way for two executive units or villas, or to utilise the entire site, the possibilities are extensive.

Back of 184 Forsyth Street, vacant block 394m2. DA approval to subdivide 184 Forsyth.
Back of 186 Forsyth Street, vacant block 392m2. Seperate title.
Currently zoned R1, with potential to rezone (STCA).
Located adjacent to the picturesque Wollundry Lagoon and within a stone’s throw of the medical precinct, this unique parcel of land and location is in high demand.

Property ID: 1367934