Dixon Commercial Real Estate are pleased to offer for sale 178 High Street, Wodonga.
Superbly positioned in the heart of Wodonga's CBD, this iconic property is located on the corner of Sesame Lane and High Street and comprises a total site area of approximately 504 square metres.
Neighbouring national retail occupiers including Chemist Warehouse, Dan Murphy's, NAB, Hello World Travel and more, the property presents a core CBD retail investment comprising various different tenants with huge value-add scope.
Improvements of the property include:
- Ground Level: Three (3) separate retail and office tenancies, with one Shop 1 comprising 258 square metres currently vacant.
- First Floor: Ten (10) separate office suites, mostly vacant but some leased on varying tenures.
- First Floor: Existing residential flat currently leased to an office occupier.
Other key highlights of the opportunity include:
- Commanding 504 square metre corner site in the tightly held retail and commercial hub of Wodonga.
- Approximately 564 square metres of lettable commercial space over the Ground Floor and First Level.
- Ample parking with council car park adjoining property.
- Opportunity to improve first floor office suites for higher occupancy.
- Opportunity to convert the first floor to residential providing Wodonga CBD 'shop top' living (STCA).
- Huge potential for value-add and income growth.
The offering presents an opportunity for buyers to invest in the short to medium-term, with future development potential (STCA) and continued value-add opportunity of an iconic Wodonga property.
To request an IM with the tenancy schedule or to arrange an inspection, please contact the agents below.
Terms: 10% deposit, balance 60 days.