Level 1, 40-42 Rowan Street, Wangaratta, VIC 3677

Offices

For Sale $1,650,000 No GST Going Concern

  • Property ID: 435766
  • Floor Area: 570m²
  • Occupancy: Tenanted
SOCIAL INFRASTRUCTURE INVESTMENT

* Two tenancies with a combined net annual income of approximately $113,000 plus GST.
* Anchored by the largest community housing organisation within the Goulburn and Ovens Murray regions of Victoria, Beyond Housing.
* Both current leases commenced 1 July 2023 & the WALE is 2.33 years (as at Feb 2024)
* High quality, energy efficient building on large, central land holding
* Sealed, fully landscaped car park for 15 vehicles with first floor tenants having 11 reserved for their use
* 17,000 average estimated daily traffic movements (sce VicRoads Open Data)
* Ground floor also available to purchase (enquire for further details)
* 50% regional, commercial stamp duty concession available

Wangaratta Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $137 ---
Retail $3010 $242 8.05%
Offices $2895 $252 8.70%
This is the average advertised price, rent and yield for Wangaratta, VIC 3677*

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.
LOGIN (Existing Members)
×

REGISTER (New Members)

Already have a CPG account? Login

×
×

×
REGISTER (New Members)
×