1 Osburn Street Wodonga VIC 3690

Dixon Commercial Real Estate are pleased to offer for sale 1 Osburn Street, Wodonga.

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 $188,755 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.