FOR SALE
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101 High Street
Woodend VIC 3442

Bedrooms: -
Bathrooms: -
Car spaces: 3
Floor area: 353m2
Land area: 704m2
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Prime Commercial Freehold in Woodend Township

AUCTION POSTPONED!
For the first time in 50 years, this exceptional commercial property is available for sale. Located in the heart of the thriving Woodend township, this is a unique opportunity to own a piece of this tightly-held commercial district.
The property is within walking distance to the Woodend train station and the town's iconic shops, which are long standing and respected businesses.
Woodend is renowned as a great weekend tourist destination, attracting visitors year-round with its charming atmosphere and vibrant community. The Commercial district is known for its scarcity of available properties, underscoring the rarity and value of this offering. Currently operational as a successful Newsagency in excess of 70 years, this is an unparalleled opportunity to invest in one of Woodend's most sought-after locations.
Whether you're looking to start a new venture or expand your existing portfolio, this property offers the perfect setting to thrive and a valuable addition to any property investment portfolio.
• Income: $70,408.36 pa + GST + outgoings
• Long lease until 16th May 2028 with two further 5-year options
• Commercial 1 zoning
• Land Size: 704m² approximately
• Shop Size: 275m²
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Property Details for 101 High St, Woodend

Building Type
Commercial
Floor Size
353m2
Land Size
704m2

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About Woodend 3442

The size of Woodend is approximately 71.6 square kilometres. It has 20 parks covering nearly 3.1% of total area. The population of Woodend in 2011 was 5,414 people. By 2016 the population was 5,822 showing a population growth of 7.5% in the area during that time. The predominant age group in Woodend is 40-49 years. Households in Woodend are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Woodend work in a professional occupation. In 2011, 81.2% of the homes in Woodend were owner-occupied compared with 79.7% in 2016.

Woodend has 3,493 properties. Over the last 5 years, Houses in Woodend have seen a 23.24% increase in median value, while Units have seen a 16.73% increase. As at 31 October 2024:

  • The median value for Houses in Woodend is $965,125 while the median value for Units is $595,504.
  • Houses have a median rent of $640 while Units have a median rent of $480.
There are currently 37 properties listed for sale, and 4 properties listed for rent in Woodend on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Woodend.

Suburb Insights for Woodend 3442

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Ken Grech
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Raine & Horne Gisborne
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Disclaimer
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.