FOR SALE
$379,000

Shop 5/156-158 Graham Street
Wonthaggi VIC 3995

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 75m2
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COMMERCIAL FREEHOLD FOR SALE

Calling all potential owner occupiers and investors alkie as Ray White Wonthaggi are excited to be able to offer a rare commercial freehold shop to the marketplace.
If you are thinking of setting up your own thriving business why not own your own shop and reap the rewards.
The other option as the shop is being sold vacant possession is to purchase a great investment property which you can rent out with the tenant paying all outgoings plus a healthy return.
Featuring guaranteed foot traffic and high exposure being at the end of the Ritchies arcade opposite the car park which is the entry point.
The building is well maintained offering great window display, quality flooring, lighting, spotless walls and ceilings, storeroom, toilet and vanity and reverse cycle heating and cooling.
Opportunities like this simply don't present themselves often, so be quick to snap this little gem up.
$375,000

Property Details for Shop 5/156-158 Graham St, Wonthaggi

Building Type
Commercial
Floor Size
75m2

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About Wonthaggi 3995

The size of Wonthaggi is approximately 52.4 square kilometres. It has 24 parks covering nearly 4.6% of total area. The population of Wonthaggi in 2011 was 4,354 people. By 2016 the population was 4,964 showing a population growth of 14.0% in the area during that time. The predominant age group in Wonthaggi is 60-69 years. Households in Wonthaggi are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wonthaggi work in a trades occupation. In 2011, 63.7% of the homes in Wonthaggi were owner-occupied compared with 62.9% in 2016.

Wonthaggi has 4,093 properties. Over the last 5 years, Houses in Wonthaggi have seen a 46.26% increase in median value, while Units have seen a 49.41% increase. As at 31 October 2024:

  • The median value for Houses in Wonthaggi is $567,285 while the median value for Units is $451,383.
  • Houses have a median rent of $450 while Units have a median rent of $400.
There are currently 67 properties listed for sale, and 3 properties listed for rent in Wonthaggi on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Wonthaggi.

Suburb Insights for Wonthaggi 3995

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Danny Crellin
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Ray White Wonthaggi
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Ray White Wonthaggi
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.