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Dixon Commercial Real Estate - Albury

Government, 19 Stanley Street Wodonga, VIC 3690


Government, 19 Stanley Street,
Wodonga, VIC 3690

Offices • Shops & Retail • Medical & Consulting

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Dixon Commercial Real Estate - Albury
Oscar Dixon
Chris Brown

Dixon Commercial Real Estate - Albury

576 Kiewa Street
Dixon Commercial Real Estate - Albury
Government, 19 Stanley Street
Wodonga, VIC 3690

Map of Government, 19 Stanley Street


Strategic Social Infrastructure Investment | Essential Service Tenant

  • Brand new $800k tenant funded fit-out
  • 5+5 year lease with fixed 3% increases
  • 99% government funded tenant
Burgess Rawson and Dixon Commercial Real Estate are pleased to offer to market a new Government facility in Wodonga VIC for sale via our Investment Auction Portfolio 160.

The property has the following investment highlights:

Secure 5 + 5 year lease to a government-funded tenant with revenue up 42% in 2022.
Fixed 3% annual rent increases assuring growth.
Essential service tenant, 99% government funded.
Versatile 578sqm* ground floor premises with 27 metre* frontage and brand new tenant funded $800,000 fit-out.
Significant tax saving depreciation benefits, with 40% of first years rent potentially tax free. (1)
Central business district location within 500 metres of Coles, Woolworths, ALDI and Kmart.
Potential 50% stamp duty saving.
Wodonga: robust local economy with low vacancy rates and house prices up 40% since April 2021. (1)
Net income: $154,023pa* + GST

To be sold by Investment Portfolio Auction
10:30am (AEST) Wednesday 10 May 2023
Crown Casino, Melbourne

1. J Mathew Advisory

Property ID: 504300056Last Updated: 7 Feb 2024

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