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38-40 High Street Wodonga, VIC 3690

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38-40 High Street,
Wodonga, VIC 3690

Offices • Shops & Retail • Medical & Consulting

Price information

Sale - Expression of Interest

Contact Agent

Key property information

Land area

Floor area

Property extent

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Map of 38-40 High Street

Directions
  • Train stations within 5 km of 38-40 High Street, Wodonga, VIC 3690Distance
    Wodonga Station2.1 km
    Greyhound Bus Stop Albury4.5 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 38-40 High Street, Wodonga, VIC 3690Distance
    44 High St87 m
    High St and Huon St98 m
    High St Near Wodonga St191 m
    10 High St298 m
    Red Rooster/High St (Wodonga)311 m
    POWERED BY HERE ©
POWERED BY HERE ©

High 8.5% Yielding 3,170sqm* CBD Freehold Building

  • Significant 2,811sqm* corner site
  • Important 41 on-title car spaces
  • Fixed 3% & CPI annual rent increases
Burgess Rawson and Dixon Commercial Real Estate are pleased to offer to the market 38-40 High Street (corner Huon Street), Wodonga VIC for sale via Expressions of Interest as part of our Portfolio Campaign 165.

The property has the following key highlights:

+ Commanding 3,811sqm* two level freehold building incorporating lift.
+ Diverse income streams from government, medical, corporate, retail and health & fitness fields.
+ Anchored by VIC Gov Dept of Education with recent $400k tenant funded fit-out upgrade.
+ 20 Immaculate corporate office suites on level 1 with reception, boardroom and kitchen.
+ Fixed 3% annual rent increases and annual CPI reviews.
+ Important 41 secure on-title car spaces including 16 undercover car spaces.
+ Significant 2,811sqm* corner site across two titles with huge 107 metre* combined street frontage.
+ High profile CBD position on busy High Street with 24,000 vehicles passing daily. **
+ Ultimate flexibility with future redevelopment/subdivision upside STCA.
+ Wodonga: robust economy with low vacancy rates and house prices up 40% since April 2021. ***
+ Potential 50% stamp duty saving.
+ Net Income: $595,486pa* + GST (as at 1 March 2024)

For Sale via Expressions of Interest:
Closing 3:00pm (AEDT) Thursday 7 December 2023

*Approx
**GapMaps
***Realestate.com.au


Burgess Rawson Agents
Beau Coulter - 0413 839 8...
Justin Kramersh - 0460 349 6...
Sam Mercuri - 0413 830 709

Dixon Commercial Agents
Andrew Dixon - 0417 516 5...
Oscar Dixon - 0408 212 2...

Property ID: 504454992Last Updated: 9 May 2024

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38-40 High Street
Wodonga, VIC 3690
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