7 Osburn Street, Wodonga

CENTRAL WODONGA INDUSTRIAL INVESTMENT SOLD WITH EXISTING 5-YEAR TENURE

Dixon Commercial Real Estate are pleased to offer for sale 7 Osburn Street, Wodonga at Auction on Friday 3 November, 2023 at 2:30pm on-site.

The property comprises a total a site area of approximately 4,261 square metres, including a building area of approximately 2,318 square metres.

The improvements consist of approximately 218 square metres of office/showroom space, with the balance of the building comprising approximately 2,100 square metres of clear span warehouse.

Lease Details:
Tenant: Ryebucks Portables Pty Ltd
Annual Rent: $185,657.40 as of November 2023
Lease Commencement: 1 February 2021
Lease Tenure: Five (5) years
Option: Five (5) year option thereafter
Annual Rent Review: 3% annually

In addition, the property boasts drive-through access between Osburn Street and Michael Drive, heavy duty concrete hardstand, 3x roller doors and ample on-site car parking.

The property is prominently positioned on Osburn Street in central Wodonga and is readily accessible to the Wodonga CBD, whilst being 1.5km from the Hume Freeway Interchange at High Street.

Terms: 10% deposit, balance 60 days.

For more information or to arrange an inspection, please contact the agents below.