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101 High Street, Woodend, VIC 3442

  • 1 Bed
  • 1 Bath
  • 3garages

Auction

AUCTION - Wednesday 31st July @ 12:00pm

Prime Commercial Freehold in Woodend Township

For the first time in 50 years, this exceptional commercial property is available for sale. Located in the heart of the thriving Woodend township, this is a unique opportunity to own a piece of this tightly-held commercial district. The property is within walking distance to the Woodend train station and the town's iconic shops, which are long standing and respected businesses. Woodend is renowned as a great weekend tourist destination, attracting visitors year-round with its charming atmosphere and vibrant community. The Commercial district is known for its scarcity of available properties, underscoring the rarity and value of this offering. Currently operational as a successful Newsagency in excess of 70 years, this is an unparalleled opportunity to invest in one of Woodend's most sought-after locations. Whether you're looking to start a new venture or expand your existing portfolio, this property offers the perfect setting to thrive and a valuable addition to any property investment portfolio.
• Income: $70,408.36 pa + GST + outgoings
• Long lease until 16th May 2028 with two further 5-year options
• Commercial 1 zoning
• Land Size: 704m² approximately
• Shop Size: 275m²
• Storage room/Garage: 78m² Copy & paste the following link for the Information Memo
- https://vltre.co/OQrHMh For further information contact Ken Grech
- 0418 509 710 *ID required upon inspection

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avatar Ken Grech
Ken Grech
Director/ Licensed Real Estate Agent/ Auctioneer

Got a property to sell? Contact us for a free Request Appraisal

Auction:
R&H
Wednesday 31 July at 12:00PM
Property Info:
  • Property ID: L29123391
  • Property Type:House
  • Building / Floor Area:353 sqm
  • Open Parking:3
  • Land Area:704 sqm
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Colin Hawkins

Mortgage Broker

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R&H Suburb Profile: Woodend
R&H Suburb SummaryHouses
Number of sales67
Average Price$1,018,507
Median Price$965,000
Median Rental Price$650 p.w.
Change in Rental Rate (5yr)30 %
R&H Suburb SummaryUnits
Number of sales9
Average Price$752,500
Median Price$685,000
Median Rental Price$490 p.w.
Change in Rental Rate (5yr)31 %
Median Trend - $965,000
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