Dixon Commercial Real Estate are pleased to offer for lease 41-69 Nordsvan Drive, Wodonga.
This is an outstanding opportunity to lease an enormous medical/commercial facility capable of conversion to aged care and residential accommodation positioned in close proximity to Wodonga's Central Business District and provides a unique opportunity in a major regional centre in Australia.
Wodonga is located at the border of Victoria and New South Wales and has been the second fastest growing regional city in Victoria over the past 10 years in terms of population growth by %, ahead of Greater Geelong and Greater Bendigo.
The City of Wodonga has a current residential population of 43,253, and is forecast to grow a further 21.33% by 2036. Together with its twin city of Albury, it services a total regional trade catchment of over 180,000.
Wodonga's proximity between Australia's two largest cities - Melbourne and Sydney - provides key strategic advantages. The extensive transport network allows access to the northern, southern and western corridors of the eastern seaboard and in turn access to the whole of Australia.
Manufacturing is the largest industry in terms of contribution to the economic output in the region, contributing $2.1 billion or 26.34% of Wodonga's total annual output of $7.8 billion.
The Health Care & Social Assistance sector is the region's largest employer, accounting for 15.52% of Wodonga's jobs.
The property is currently occupied by the Murray Valley Private Hospital who are relocating to West Albury.
The site comprises an area of approximately 41,500 square metres and has frontages to Nordsvan Drive and Pearce Street.
Erected on the site is a building comprising an area of approximately 16,558 square metres which was constructed in 1976/77 and was formerly known as the Clyde Cameron College.