13 Michael Drive, Wodonga

CENTRAL WODONGA INDUSTRIAL INVESTMENT SOLD WITH EXISTING 5-YEAR TENURE

Dixon Commercial Real Estate are pleased to offer for sale 13 Michael Drive, Wodonga via public auction on Friday 7 March at 2:30pm on-site.

This opportunity presents an industrial investment superbly located within this tightly held industrial precinct within close proximity to Wodonga's Central Business District.

The site comprises a total area of approximately 1,151 square metres with a 26-metre frontage to Michael Drive. Improvements include a quality office/warehouse of approximately 320 square metres, with a separate shed at the rear of approximately 70 square metres.

Lease Details:
Tenant: Riverina Fire Services Pty Ltd
Net Annual Rent: $38,322.48
Lease Commencement: 11 July, 2022
Term: Five (5) years
Option: One (1) further term of five (5) years
Rent Review: Annually to CPI

Terms: 10% deposit, balance 60 days.

For more information, please contact the Sales Agents below.

features

  • Air Conditioning
  • Car Parking - Surface
  • Close to Shops
  • Close to Transport
  • Heating
  • Kitchenette
  • Roller Door Access

overview

  • 1P2934
  • Industrial
  • Sold
  • 13 Michael Drive Wodonga VIC
  • 390 sqm
  • 1151 sqm