7 Thomas Mitchell Drive, Wodonga, VIC 3690

Retail

Sold Contact Agent

  • Property ID: 402820
  • Floor Area: 2545m²
  • Land Area: 3747m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 2545m2 3747m2 Contact Agent
LANDMARK COMMERCIAL INVESTMENT

Strong occupancy history.
Favourable rent reviews.
Potential for future subdivision (STCA).
Income: $385,700 pa + GST.
73% of income derived from daily needs tenants.

+ Fully occupied retail complex approximately 2,545 sqm.
+ Tightly held investment, same ownership group for 35+ years
+ Landmark corner site approximately 3,747 sqm across 3 titles with huge dual retail frontage.

Terms: 10% deposit, balance 60 days.

Wodonga Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $5420 $464 8.56%
Industrial --- $79 ---
Retail $8000 $404 5.05%
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 Retail 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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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