41-43 Mcbride AvenueWonthaggi VIC 3995
Property Details for 41-43 Mcbride Ave, Wonthaggi
Last Listing description (September 2024)
Rarely available and highly sought after are commercial freeholds in the heart of Wonthaggi's CBD.
Offering striking street appeal, quality construction, generous size of 420m2 with 2 car parks at the rear, professional lighting, state of the art heating and cooling system, up to date flooring, large storeroom, toilet, kitchenette, and rear lane access perfect for deliveries.
Currently tenanted until December 2025 at $35,000 per annum with a further 3 year option by Wonthaggi's leading surf goods shop Cactus Black.
The option in the future may be to split the shop straight down the middle allowing for 2 shops, keep as investment or perhaps use as an owner occupier down the track.
This one is what can only be described as a blue chip investment property in a brilliant location and of the very best quality.
$900,000-$950,000.
Property History for 41-43 Mcbride Ave, Wonthaggi, VIC 3995
- 02 Sep 2024Sold
- 26 Jul 2024Listed for Sale $900,000 - $950,000
- 30 Jan 2024Listed for Sale $900,000 - $950,000
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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 4,092 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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