Stean Nicholls Commercial is pleased to present 109 Hume Street, Wodonga, a prime freehold investment in the heart of the city’s commercial precinct.
Set on a 1,325 sqm site, the property comprises two well-presented buildings totaling approximately 297 sqm, with excellent exposure and access along a key business corridor.
Securely leased to two tenants, it returns $77,880.48 per annum plus GST, with 16 on-site car spaces and flexible Commercial 1 zoning (C1Z) offering a strong holding income and future development potential (STCA).
In a tightly held market supported by population growth and a robust regional economy on the Melbourne to Sydney corridor, 109 Hume Street suits investors, developers and owner occupiers seeking quality and upside.
Key Features:
Total Site Area: 1,325 sqm
Total Building Area: 297 sqm approx. (Tenancy 1: 179m2 / Tenancy 2: 118m2)
Modern fitout and great access to Wodonga CBD and amenities
Car Parks: 16
Total Income: $77,880.48 + gst pa
1/109 Hume Street, Wodonga
Tenant: Elmwood Pharmacy
Lease Commencement Date: 06/05/2024
Lease Term: 10 Years
2/109 Hume Street, Wodonga
Tenant: Majestic Chinese Massage
Lease Commencement Date: 01/11/2023
Lease: 3 Years
Terms: 10% deposit, balance 60 days.
For further information or to arrange an inspection, please contact Kristian Hopwood.