SOLD
Sold on 18 Jan 2024 for $620,000

176 Lawrence Street
Wodonga VIC 3690

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 560m2
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Property Details for 176 Lawrence St, Wodonga

Building Type
Commercial
Land Size
560m2
Local Government
Wodonga
Lot/Plan
5/LP14833

Last Listing description (March 2024)

Would you like to be a part of the bustling CBD of Wodonga? This unique property presents a rare blend of business and residential potential... the choice is yours!
Currently operating as insurance offices and spanning an impressive 129.0 square metres of interior space on a generous 560m2 allotment, the property is currently zoned Activity Centre Zone, perfectly poised for both commercial and residential aspirations.

Step inside to discover a well-configured space comprising a large front office or reception area, three further well-appointed offices, a rear storage area, kitchenette and powder room area with two toilets.

Offering off-street parking for staff and clients, accessible via a single lock-up garage, a valuable asset in this central location, or utilise as further storage. While the existing modifications provide a seamless opportunity for businesses to move in and start operating immediately.

Located mere metres from High Street Wodonga, this property is positioned within easy access to public transport, the local library, post office, banks and a large variety of Wodonga businesses. The vibrant city centre atmosphere is perfect for businesses seeking high visibility and for families wanting to be at the heart of it all.

This property is not just a space; it's a canvas for your imagination. Whether you're looking to establish your business in a prime location or seeking to convert back to a family home with urban convenience, this property offers endless potential. Don't miss the chance to make it yours.

Currently tenanted, from the 1st of January the property will be let at $3,000 per month plus outgoings, the property is available either with the tenant in place or vacant possession.

https://www.consumer.vic.gov.au/duediligencechecklist

Property History for 176 Lawrence St, Wodonga, VIC 3690

A timeline of how this property has performed in the market
Last Sold
$620,000
18 Jan 2024
Listed for Rent
$333/w
07 Jun 2013
  • 18 Jan 2024
    Sold for $620,000
  • 20 Nov 2023
    Listed for Sale Not Disclosed
  • 19 Nov 2013
    Sold for $315,000
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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 11,864 properties. Over the last 5 years, Houses in Wodonga have seen a 61.03% increase in median value, while Units have seen a 66.33% increase. As at 30 November 2024:

  • The median value for Houses in Wodonga is $554,601 while the median value for Units is $352,512.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 62 properties listed for sale, and 20 properties listed for rent in Wodonga on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Wodonga.

Suburb Insights for Wodonga 3690

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Dean Star
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Jamie Maynard
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Elders Real Estate Wodonga
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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.