79 High Street

Wodonga VIC 3690

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Sold on 30 Mar 2023

79 High Street Wodonga VIC 3690

Medical / Consulting
1,213 m²
Sold

Medical Freehold with New 10 Year Lease to the Family Doctor

Burgess Rawson and Dixon Commercial Real Estate are pleased to offer to the market, the Wodonga Medical Centre in Wodonga VIC for sale via our National Investment Portfolio auction 159.

This investment has the following key investment highlights:

Set-and-forget medical freehold investment.

Strategic 2,728sqm* site with 41 on-site car spaces and rear access via Church Street.

Immaculate 1,213sqm* facility built in 2010.

Long 6.8 year WALE.

Anchored by new 10 year lease to the Family Doctor (network of 80 clinics) and new 5 year lease to Marina Radiology (10 practices).

92% of rent from medical and Government tenants.

Capital intensive tenant fit-outs, including CT scanner and X-Ray.

Prime location within 200m* of Woolworths, Coles and Kmart.

Wodonga: robust economy with low vacancy rate and 16.2% house price growth since 2022 (1).

Significant tax depreciation benefits.

Potential 50% stamp duty saving.

Net Income: $292,129 pa* + GST.

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 29 March 2023
Crown Casino - River Room

* Approx
1. ***

AUCTION

Auction date and time	29/03/2023 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	30 Mar 2023
Floor Area	1,213 m²
Land Area	2,728 m²
Energy	Ask Agent
Parking	Ask Agent
Property ID	2018387631
Category	Medical / Consulting Offices Shop & Retail
Last updated	30 Mar 2023

Map for 79 High Street Wodonga VIC 3690

Nearest transport* to 79 High Street Wodonga VIC 3690

Bus

Train

Tram

Ferry

MEGAS Music/High St	89 m
Mann Centre/High St (Wodonga)	89 m
Continuing Education Centre/High St	127 m
Continuing Education Centre/High St (Wodonga)	127 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	30 Mar 2023
Floor Area	1,213 m²
Land Area	2,728 m²
Energy	Ask Agent
Parking	Ask Agent
Property ID	2018387631
Category	Medical / Consulting Offices Shop & Retail
Last updated	30 Mar 2023

Co-Agents

Billy Holderhead

Burgess Rawson VIC Pty Ltd

Call

0422 817 696

Beau Coulter

Burgess Rawson VIC Pty Ltd

Call

0413 839 898

Matthew Wright

Burgess Rawson VIC Pty Ltd

Call

0458 290 588

More about 79 High Street Wodonga VIC 3690

79 High Street Wodonga VIC 3690 is categorized as Medical & Consulting Property. It has a floor area of 1,213 m² and a land area of 2,728 m². The listing ID for this property is 2018387631.