16 Stanley Street, Wodonga, VIC 3690

Offices

Sold

  • Property ID: 440853
  • Floor Area: 112m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 08/03/2024 112m2 N/A Contact Agent
SECURE INVESTMENT SOLD WITH NEWLY AGREED 5-YEAR TENURE

Dixon Commercial Real Estate are pleased to offer for sale 16 Stanley Street at Auction on Friday 8 March, 2024 at 2:30pm on-site.

The 112 square metre office premises is prominently positioned on Stanley Street in Wodonga with a frontage of approximately 7 metres. The property is offered for sale subject to a newly agreed lease to H&R Block who are renowned as a market leader and have occupied the building for many years.

Lease details as follows:
Tenant: H&R Block Limited
Net Annual Rent: $29,227 + GST
Lease Commencement: 15 January, 2024
Lease Tenure: Five (5) years
Outgoings: Tenant pays Council and Water Rates
Rent Review: 3% annual rental increases. Rent reviewed to market at end of lease.

Terms: 10% deposit, balance 60 days.

For more information or to arrange an inspection, please contact the agents below.

Wodonga Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5420 $436 8.04%
Industrial --- $75 ---
Retail $8000 $403 5.04%
This is the average advertised price, rent and yield for Wodonga, VIC 3690*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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