Southside Terrace, 7 Thomas Mitchell Drive,
Wodonga, VIC 3690
Key property information
Map of Southside Terrace, 7 Thomas Mitchell Drive
100% Occupied Retail Complex – Gateway 3,747sqm Retail Corner
- Strong occupancy history
- Favourable rent reviews
- Yield expectation 7% +
‘Southside Terrace’ fully occupied 2,545sqm* retail complex.
73% of income derived from daily needs tenants.
Landlord favourable annual rent reviews.
Tightly held investment, same ownership group for 35+ years.
Potential for future subdivision and on-sale (STCA).
Situated in heart of Wodonga CBD nearby Coles, K-Mart, Woolworths & Wodonga Library.
Albury/Wodonga: twin cities with booming 100,435 population.
Net Income: $402,200pa + GST.
For Sale by Investment Portfolio Auction
10:30AM (AEDT) Wednesday 15 December 2021
River Room, Crown Casino, Melbourne
Property ID: 503957162Last Updated: 16 Feb 2022
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