1 Osburn Street, Wodonga, Vic 3690

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Published on: 14 Nov 2024
Last updated on: 14 Nov 2024
1 Osburn Street, Wodonga, Vic 3690
1 Osburn Street, Wodonga, Vic 3690
1 Osburn Street, Wodonga, Vic 3690
+24
1 Osburn Street, Wodonga, Vic 3690
  • 24
Property ID: 504736768
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Key property information

Land Size
4,367.00 m2
Floor Area
2,128.00 m2
Tenure Type
vacant

MULTI-TENANTED INDUSTRIAL INVESTMENT ON MAIN ROAD

1 Osburn Street, Wodonga, Vic 3690
Dixon Commercial Real Estate are pleased to offer for sale 1 Osburn Street, Wodonga via an Expressions of Interest campaign closing on Tuesday 17 December at 12 pm.

With a site area of 4,367 square metres, this freehold investment is prominently positioned on Osburn Street, with frontage to Michael Drive allowing for drive-through access. 

With a 100% occupancy rate, the opportunity provides for a versatile and diversified investment with six (6) separate industrial tenancies totalling a net lettable area of approximately 2,128 square metres. 

The current Net passing income is $188,762 per annum plus GST and outgoings, with varying short and long-term tenures. The total income includes the lease to oOh! Media for the billboard facing Osburn Street.

The offering provides opportunity for rental growth with upcoming market reviews, opportunity to own and occupy with upcoming lease expiries, and the opportunity for subdivision or future development of this commanding and highly regarded central Wodonga industrial site (STCA).

Terms: 10% deposit, balance 60 days.

To request a Tenancy Schedule or to arrange an inspection, please contact the agents below.

Property Details

Basic Info

Property Type
Other
Listing Status
On Market
Land Size
4,367.00 m2
Address
1 Osburn Street, Wodonga, Vic 3690
Oscar Dixon
Oscar Dixon
Chris Brown
Chris Brown
576 Kiewa Street, Albury, NSW 2640
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Oscar Dixon
Oscar Dixon
Chris Brown
Chris Brown
576 Kiewa Street, Albury, NSW 2640
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      Property ID: 504736768

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