3/156-158 Graham StreetWonthaggi VIC 3995
Property Details for 3/156-158 Graham St, Wonthaggi
Last Listing description (October 2024)
Not often dop you have the opportunity to purchase a commercial freehold in Wonthaggi at this affordable price.
Located in the Ritchies Arcade opposite the supermarket with continual foot traffic passing by.
Currently tenanted by local pasta shop paying $15,199 per annum including GST.
The current lease expires on 06/11/2025 with a further 3 year term available at the tenants request.
All outgoings are paid by the tenant.
The shop is of good quality and requires no works.
A terrific one to add to your portfolio or maybe for those who have something in mind a bit later on.
$300,000-$320,000
Property History for 3/156-158 Graham St, Wonthaggi, VIC 3995
- 10 Jul 2024Listed for Sale $300,000-$320,000
- 10 Jul 2024Sold for $300,000
- 04 Apr 2024Listed for Sale $300,000-$320,000
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0About 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.
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