Exceptional commercial property
Features at a glance
We are pleased to present for auction, 3/9 Premier Close, Wodonga. This exceptional commercial property features flexible office floor plan, warehouse garage with mezzanine and carparking available.
Situated in the industrial area off Kane Road, becoming a highly sought after section of Wodonga, this prime property occupies a comfortable 354m² allotment. It offers an impressive alignment among some of the industry powerheads of Wodonga such as Premier building and construction and MGK Engineering. The property’s location ensures consistent vehicle traffic, making it a valuable asset in any investment portfolio.
The property is currently leased to Grosvenor Engineering Group, a reputable tenant, with a lease agreement on a month by month basis. This arrangement guarantees a flexible arrangement for any investor or owner-occupier opportunity, making this an attractive and unique opportunity.
Key Property Features:
• High-Exposure Location: Prime position in the industrial sector with significant foot traffic from big-named neighbouring businesses.
• New Construction: Modern, purpose-built facility designed to meet the needs of contemporary businesses.
• Comfortable Allotment: 354m² land size with on street parking.
• Unique Offering: Tenanted by Grosvenor Engineering Group on month by month, offering flexible opportunity for an owner- occupier or a reliable tenant for the savvy investor.
• Industrial Hub: Located in a growing industrial area of Wodonga, with both Premier Close and Kane Road housing a wide range of industrial and manufacturing companies.
• This property presents a rare opportunity to acquire a high-quality commercial asset in a growth area. Don’t miss the chance to invest in a property that combines location, exposure, and flexible income potential.
Lease Details:
• Lease Commencement: 16 August 2021
• Current Rent: $31,200.00+GST per annum
• Length of Lease: Month by month
• Lease Expiry: 15 August 2024
• Reviews: CPI annually with a market review scheduled for 2026
Outgoings – Tenant pays 100% of all outgoings
• Body Corporate Fees: $916.70 approx.
• Rates: $1,107.10 approx.
• Water: $156.99 pa approx. + consumption
ADDRESS: 3/9 Premier Close, Wodonga
AUCTION: Friday 6th December at 12.30PM on site
Land: 354m2 (approx.)
Tenant pays 100% of all outgoings
For further details or to arrange an inspection, please contact Kristian Hopwood on 0473 888 821.