FOR SALE
$1,100,000

7 High Street
Wodonga VIC 3690

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 264m2
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WODONGA STARTS HERE

It's an absolute pleasure to offer to the market 7 High St Wodonga. This classic red brick building, circa 1859, was the original site of Wodonga's Court House, Police residence and Gaol.
Recently transformed into a modern office, this space incorporates a reception, two private offices, a boardroom, two toilets including an all-abilities toilet, kitchenette, a large open plan office approx. 70m2 and mezzanine of approx. 32m2. There is also a common area courtyard and four dedicated car parks.
Currently leased to a leading architectural firm until March 2025, with an additional income from the onsite Brekkie Box, leased until June 2027, the current yield is $63,000 pa plus GST and outgoings.
This prominent corner site at the northern entrance to Wodonga would be a perfect addition to your investment portfolio or for those looking for a commanding position for their own enterprise.
With a new OTR service station and convenience store soon opening across the road, along with easy access to the Hume Freeway and the Albury/Wodonga CBD - this is an opportunity not to be missed.
Investors, please call and speak to our Commercial Leasing Manager, Natalee Willson 0428 249 222, to help you grow your investment portfolio.

Property Details for 7 High St, Wodonga

Building Type
Commercial
Floor Size
264m2

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About Wodonga 3690

The size of Wodonga is approximately 37.1 square kilometres. It has 36 parks covering nearly 9% of total area. The population of Wodonga in 2011 was 16,487 people. By 2016 the population was 18,932 showing a population growth of 14.8% in the area during that time. The predominant age group in Wodonga is 20-29 years. Households in Wodonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wodonga work in a professional occupation. In 2011, 60.5% of the homes in Wodonga were owner-occupied compared with 58.4% in 2016.

Wodonga has 11,808 properties. Over the last 5 years, Houses in Wodonga have seen a 63.09% increase in median value, while Units have seen a 61.50% increase. As at 31 October 2024:

  • The median value for Houses in Wodonga is $550,322 while the median value for Units is $352,043.
  • Houses have a median rent of $480 while Units have a median rent of $365.
There are currently 75 properties listed for sale, and 17 properties listed for rent in Wodonga on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Wodonga.

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William Bonnici
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Natalee Willson
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First National Real Estate - Bonnici & Associates
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