SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

Secure Entry Level Investment Within Victoria’s Fastest Growing Regional City

88 High Street , Wodonga VIC

Property Highlights

Brand New 7 Year Lease until 2028
Modern 327 sqm CBD site
Fixed 3% Annual Rent Increases
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Description

+ Brand new 7 year lease to 2028 plus options to 2038.
+ Fixed 3% annual rent increases, assuring growth.
+ Conveniently situated along the newly reconstructed section of High Street, a major Wodonga arterial road.
+ High profile 327sqm CBD site with an intensive capital fit out.
+ Less than 100 metres from Mann Central, a single supermarket and DDS shopping centre anchored by Coles and Kmart – the $48 million shopping complex offers an additional 10 specialty stores and over 800 car park spaces.
+ Within 250 metres of Wodonga Place, a neighbourhood shopping centre anchored by Woolworths and complemented by 15 specialty retailers, commercial office tenancies and 187 external carparking spaces.
+ Surrounded by important social infrastructure, including 10 schools within 3km servicing a combined 6,625 full-time students.*
+ Geographical significance of the area evident through ongoing government expenditure projects; to be completed by 2026, the $250+ million Junction Place development project is regional Australia’s largest urban renewal initiative – upon completion, the project will double the size of Wodonga’s CBD.**
+ City of Wodonga: Victoria’s fastest growing regional city with population forecast to grow 29% to 57,314 by 2036.***
+ Potential 50% stamp duty savings.
+ Net Income: $52,507 pa

For Sale by Investment Portfolio Auction
11.15am (AEDT) Thursday 11 November 2021

*GapMaps
**Development VIC GOC
***Forecast.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Land Size
327 SQM
Building Area
240 SQM

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