Dixon Commercial Real Estate are pleased to offer for sale 178 High Street, Wodonga via public auction on Friday 11 October at 2.30pm on-site. 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.
Email enquiry to Dixon Commercial Real Estate - Albury
Property ID: 504685288