On behalf of our valued clients, Stean Nicholls Commercial are proud to offer to the market 112-114 High Street. Located in the vibrant heart of Wodonga’s entertainment precinct, this iconic property boasts an impressive 11 metres of street frontage and is strategically positioned right next to Mann Central Shopping Centre, with Junction Place just across the street.
Formerly the cherished home of All Joy Chinese Restaurant, this remarkable property is now available with vacant possession across two levels. Its elegant art deco style building exudes character and holds immense potential for redevelopment (subject to council approval).
Secure your stake in this Bluechip location, mere meters away from Junction Place, the epicenter of regional Australia’s most extensive urban renewal project. This initiative is breathing new life into the historic railway station and railyards, transforming central Wodonga into a thriving hub.
Be at the forefront of this exciting transformation. Invest in prime real estate today and position yourself ahead of the curve. Central Wodonga is on the cusp of becoming an exhilarating precinct, brimming with entertainment, restaurants, cafes, and inviting public spaces.
For further information or to organise an inspection, please contact Kristian Hopwood.
Property Address
112 - 114 High Street, Wodonga, VIC, 3690
Lot LOT 1 TP 425027
Outgoings
Council rates
$3,882.65 per annum (approx.)
Water and sewerage rates $594.16 + consumption (approx.)
Sale Process
Expressions of Interest Closing Wednesday 11th October 2023 at 12:30pm.
Terms: 10% deposit, balance 60 days.
Kristian Hopwood
Commercial Manager
T: (02) 6021 5233
M: 0473 888 821
E: kristian@steannicholls.com.au
112-114 High Street is located within Wodonga’s busiest precincts. Situated amongst the newly developed and reinvigorated Wodonga Place and neighbouring to the new Mann Central Shopping Centre.
Across the road is the Junction Place project, which is Australia’s largest regional urban renewal initiative that aims to transform central Wodonga into a vibrant entertainment and civic precinct. The project has the potential to create more than 1000 local jobs and boost economic growth in the northern Victorian city.
As one of the fastest growing regional cities in Victoria, the city’s population is projected to increase by 27 per cent over the next 15 years and Wodonga CBD has the potential to cater for Wodonga’s future growth by providing new retail, residential, entertainment, and commercial development in the heart of the Wodonga.
• 1.5Km from Hume Highway On/Off ramp
• 9.3kms from Albury Airport
• In the heart of the Wodonga CBD
• 320kms from Melbourne CBD
• 520kms from Sydney CBD
• 1,402kms from Brisbane CBD
• 870kms from Adelaide CBD
• Multi tenanted building with two commercial tenancies on the ground floor and one tenancy on the upper floor
• Total Site Area - 460 sqm approx.
• Total Building Area – 270 sqm approx.
• Ground Floor – 148 sqm approx.
• Upper Floor – 122 sqm approx.
• Car Parks – 10
• Wodonga $8.4B in gross area output
• Albury/Wodonga population 99,219
• Wodonga is one of the fastest growing regional cities in Victoria, the city’s population is projected to increase by 27 per cent over the next 15 years
• Wodonga’s retail sector thrives, generating over $500M
Sat in the heart of a Wodonga’s bustling Central Business District (CBD), stands an exquisite double storey red brick Art Deco masterpiece. This architectural gem proudly showcases its timeless elegance and sophistication. With its distinctive geometric lines, ornate detailing, and a rich, warm hue of red brick, this building effortlessly captures the essence of the Art Deco era.
The building is divided into two separate shops with the boutique retail trade, ‘The Hire Room’, and the former ‘Rothman Alljoy Chinese Restaurant’ now vacant.
With strong demand for Retail and Office Space in the Wodonga CBD and property values continuing to rise, this centrally located, brick investment provides a myriad of wealth creating options for the savvy investor.
This red brick Art Deco building is not just a testament to the past; it’s a vibrant part of the city’s present and future. It stands as a symbol of architectural excellence and serves as a reminder of the city’s rich heritage. As a jewel in the CBD’s crown, it adds to the city’s unique character and offers a glimpse into a time when elegance and style were paramount in design.
• Red brick double storey construction
• Boasts an art décor façade
• Two ground floor commercial tenancies spanning over 148sqm with 11 metres of High Street frontage
• One upper level of 122sqm of accommodation
• Retail, Restaurant and accommodation options available
• Rear lane access off Manns Lane
• 10 onsite parking available
Wodonga is a major regional city in Victoria, located between Australia’s two largest cities - Melbourne and Sydney, provides key strategic advantages. The extensive transport network allows access to the northern, southern and western corridors of the eastern seaboard and in turn access to the whole of Australia.
Wodonga has a population of more than 42,000 people and services a regional population of 180,000 people. Key industry sectors include manufacturing, health care and social assistance, public administration and safety and retail trade. Wodonga is a leader in regional facilities with a range of services available to the community, including both private and public hospitals and a variety of open space, sporting and recreational precincts, first class education facilities including La Trobe University and an array of public and private schools.
The City of Wodonga, located in Wiradjuri country, has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities. Wodonga has a cosmopolitan feel that reflects a unique multicultural heritage.
Kristian Hopwood
Commercial Manager
T: (02) 6021 5233
M: 0473 888 821
E: kristian@steannicholls.com.au
Steve Martin
Licensed Estate Agent/Auctioneer
T: (02) 6021 5233
M: 0419 269 687
E: steve@steannicholls.com.au
steannicholls.com.au
02 6021 5233
Suite 1, Unit 19, 669 Dean Street, Albury
Disclaimer
The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.
The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.
The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure:
All areas, measurements, boundaries, building outgoings and rents
The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.
Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.