70 Jumping Creek Road,
Wonga Park, VIC 3115
Shops & Retail • Medical & Consulting • Showrooms & Large Format Retail
Key property information
Land area
Floor area
Car spaces
Zoning
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Map of 70 Jumping Creek Road
Bus stops within 5 km of 70 Jumping Creek Road, Wonga Park, VIC 3115 Distance Yarra RdJumping Creek Rd Wonga Park 48 m Dudley RdJumping Creek Rd 55 m Toppings Rd/Yarra Rd (Wonga Park) 358 m Launders Ave/Yarra Rd (Wonga Park) 358 m 30 Jumping Creek Rd 478 m POWERED BY HERE ©
POWERED BY HERE ©
TROPHY INVESTMENT – IGA ANCHORED FREEHOLD
McGrath is delighted to offer for Private Sale 70 Jumping Creek Road, Wonga Park.
Commanding an impressive 87 metres* of dual-street frontage, this landmark freehold is anchored by an iconic, long-established IGA Supermarket-driving consistent foot traffic and community patronage. Two generous retail tenancies below further diversify and secure the income, including a long-standing hairdresser with a 14- year tenure, while the high-profile corner (shop 1) offers an exceptional owner-occupier opportunity.
Key Highlights:
• The heartbeat of the local community – consistent foot traffic and long-term leases in place, currently returning $173,487 p.a* NET + OG + GST
• Substantial 1,167 sqm* corner landholding with a combined floor area of 541 sqm*
• 1/2 Dudley Road, Wonga Park – 94 sqm* corner shop now available for lease
• Triple-income investment opportunity with diversified leases through to 2044, featuring attractive annual rent increases
• On-site parking for nineteen (19) cars, ensuring strong customer accessibility
• Commercial 1 Zone (C1Z) providing long-term versatility and development potential.
A rare chance to secure a tightly held commercial freehold in the highly coveted Wonga Park–Warrandyte lifestyle corridor. Surrounded by established operators and a loyal local community, this prime investment benefits from strong spending demographics, limited competition and a proven trading environment - all set within leafy village surrounds that perfectly balance charm and city conveniene.
Commanding an impressive 87 metres* of dual-street frontage, this landmark freehold is anchored by an iconic, long-established IGA Supermarket-driving consistent foot traffic and community patronage. Two generous retail tenancies below further diversify and secure the income, including a long-standing hairdresser with a 14- year tenure, while the high-profile corner (shop 1) offers an exceptional owner-occupier opportunity.
Key Highlights:
• The heartbeat of the local community – consistent foot traffic and long-term leases in place, currently returning $173,487 p.a* NET + OG + GST
• Substantial 1,167 sqm* corner landholding with a combined floor area of 541 sqm*
• 1/2 Dudley Road, Wonga Park – 94 sqm* corner shop now available for lease
• Triple-income investment opportunity with diversified leases through to 2044, featuring attractive annual rent increases
• On-site parking for nineteen (19) cars, ensuring strong customer accessibility
• Commercial 1 Zone (C1Z) providing long-term versatility and development potential.
A rare chance to secure a tightly held commercial freehold in the highly coveted Wonga Park–Warrandyte lifestyle corridor. Surrounded by established operators and a loyal local community, this prime investment benefits from strong spending demographics, limited competition and a proven trading environment - all set within leafy village surrounds that perfectly balance charm and city conveniene.
Wonga Park, 3115 demographic data
The median household income for Wonga Park is $2,790, 47% higher than Greater Melbourne's household income of $1,901. Wonga Park has an older age profile compared to the rest of Greater Melbourne (median age 45 vs 37). Property ownership data shows 52% of property owners in Wonga Park have a mortgage.
3,843
Population
$2,790 per week
Median household income
45 years
Median age
Owners
Most residents
Families
Most households
70 Jumping Creek Road
Wonga Park, VIC 3115
McGrath - Blackburn17 Blackburn Road
BLACKBURN, VIC 3130
BLACKBURN, VIC 3130
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