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Dixon Commercial Real Estate - Albury

Southside Terrace, 7 Thomas Mitchell Drive Wodonga, VIC 3690

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Southside Terrace, 7 Thomas Mitchell Drive,
Wodonga, VIC 3690

Shops & Retail • Medical & Consulting • Warehouse, Factory & Industrial

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Dixon Commercial Real Estate - Albury
Andrew Dixon

Dixon Commercial Real Estate - Albury

576 Kiewa Street
ALBURY, NSW 2640
Dixon Commercial Real Estate - Albury
Southside Terrace, 7 Thomas Mitchell Drive
Wodonga, VIC 3690

Map of Southside Terrace, 7 Thomas Mitchell Drive

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100% Occupied Retail Complex – Gateway 3,747sqm Retail Corner

  • Strong occupancy history
  • Favourable rent reviews
  • Yield expectation 7% +
Landmark 3,747sqm* corner site across 3 titles with huge dual retail frontage.
‘Southside Terrace’ fully occupied 2,545sqm* retail complex.
73% of income derived from daily needs tenants.
Landlord favourable annual rent reviews.
Tightly held investment, same ownership group for 35+ years.
Potential for future subdivision and on-sale (STCA).
Situated in heart of Wodonga CBD nearby Coles, K-Mart, Woolworths & Wodonga Library.
Albury/Wodonga: twin cities with booming 100,435 population.
Net Income: $402,200pa + GST.

For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne

Property ID: 503957162Last Updated: 16 Feb 2022

Burgess Rawson - Melbourne
Level 20, 150 Lonsdale Street
MELBOURNE, VIC 3000
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