5/156 Graham StreetWonthaggi VIC 3995
Property Details for 5/156 Graham St, Wonthaggi
Last Listing description (December 2024)
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.
Property History for 5/156 Graham St, Wonthaggi, VIC 3995
- 17 Dec 2024Sold
- 11 Nov 2024Listed for Sale $379,000
- 07 Jun 2017Sold for $216,000
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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 45.95% increase in median value, while Units have seen a 44.18% increase. As at 30 November 2024:
- The median value for Houses in Wonthaggi is $565,417 while the median value for Units is $442,901.
- Houses have a median rent of $450 while Units have a median rent of $395.
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