109 Hume Street, Wodonga

109 HUME STREET WODONGA

Executive Summary

On behalf of our valued client, Stean Nicholls Commercial is delighted to present the opportunity to acquire a prime freehold investment property at 109 Hume Street, Wodonga.

Superbly located in the heart of Wodonga’s bustling commercial precinct, this outstanding asset offers strong holding income with future development potential (STCA). Comprising two well-presented buildings with a combined floor area of approximately 297 sqm on a substantial 1,325 sqm site, the property benefits from excellent exposure and convenient access within the city’s key business corridor.

The offering is underpinned by two secure tenancies with ample on-site parking for 16 vehicles and a flexible Commercial 1 Zone (C1Z), 109 Hume Street represents an exceptional investment today and an even better development opportunity tomorrow. Secured tenants in both properties with a combined annual rental income of $77,880.48 +gst.

Opportunities of this calibre in Wodonga’s tightly held commercial market are increasingly limited. Enhanced by the region’s strong population growth, robust business environment, and strategic position along the Melbourne–Sydney corridor, this property is ideally suited to investors, developers, and owner-occupiers alike.

Kristian Hopwood Director

Executive Summary

109 Hume Street, Wodonga

Tenant Details

Elmwood Pharmacy is a long-established, independent community pharmacy that relocated from Elmwood Medical Centre on Beechworth Road to 1/109 Hume Street in 2024, enhancing its visibility and accessibility to the wider Wodonga population. From its new, more central Hume Street location, the pharmacy continues to provide trusted advice, prescription services, medication management and a broad range of health and wellbeing products to local residents and workers.

• 1/109 Hume Street, Wodonga

• Tenant: Elmwood Pharmacy

• Lease Commencement Date: 06/05/2024

• Lease Term: 10 Years

• Option: 2x 5 Years

• Permitted Use: Pharmacy

• Current Annual Rental Income: $46,350.00+gst

• Annual Increase: 3% Annually

• Market Reviews: 2034

• Lease Type: Net Lease (Outgoings Recoverable)

Outgoings (100% recoverable)

1/109 - Council

Majestic Chinese Massage is a well-established massage and wellness operator servicing the Wodonga community seven days a week. The business caters to both local residents and workers seeking relaxation, recovery, and ongoing wellbeing support. The business offers a broad range of traditional and remedial treatments, including Chinese massage, deep tissue, acupressure, reflexology, hot stone therapy and relaxation massage, appealing to a wide client base and driving repeat patronage.

• 2/109 Hume Street, Wodonga

• Tenant: Majestic Chinese Massage

• Lease Commencement Date: 01/11/2023

• Lease Term: 3 Years

• Option: 1x 3 years

• Permitted Use: Massage Therapy

• Current Annual Rental Income: $31,530.48+gst

• Annual Increase: CPI Annually

• Market Reviews: 2026

• Lease Type: Net Lease (Outgoings Recoverable)

Zoning – Commercial 1 Zone (C1Z)

Planning authority – Wodonga City Council

Sale Process

Auction: 12:30PM, Friday 20th March on site

Terms: 10% deposit, balance 60 days.

CONTACT AGENT

Kristian Hopwood Director T: (02) 6021 5233 M: 0473 888 821 E: kristian@steannicholls.com.au

Highlights

132 Fallon Street is geographically positioned 3km from the Hume Freeway on/off ramp, this strategic location is on Australia’s main transport corridor which allows for overnight delivery to 75% of the Australian population by either rail or road.

109 Hume Street occupies a high-exposure position within Wodonga’s vibrant commercial precinct, surrounded by retail, office, and civic amenities. The property forms part of the city’s rapidly developing CBD corridor, benefiting from close proximity to main arterial routes and the wider Albury–Wodonga urban centre.

Transport

• 1.4kms from Wodonga CBD

• 3Kms from Hume Highway On/Off ramp

• 3.8kms from Albury CBD

• 2.3kms from Hume Highway On/Off ramp

• 5.5kms from Albury CBD

• 4kms from Albury Airport

• 7.2kms from Albury Airport

• 10kms from Wodonga CBD

• 325kms from Melbourne CBD

• 555kms from Sydney CBD

• 553kms from Sydney CBD

• 862kms from Adelaide CBD

• 1,452kms from Brisbane CBD

• 1,457kms from Brisbane CBD

• 859kms from Adelaide CBD

Site Stats

• Hard stand area for efficient truck, delivery and customer movements

Site Stats

• Total Site Area – 1,448 sqm

• Total Building Area – 939.3 sqm

• Pharmacy Tenancy Building Area - 179m2 and Massage Therapy

• Roof Height – 5.64m on the low side

Tenancy Building Area - 118m2

• Car Parks – 12

• Secure yard area suitable for vehicle access and storage

• Total Site Area – 1,325 sqm

• Total Building Area – 297 sqm

• Car Parks – 16

REGION STATS

• Albury/Wodonga $16.439B in gross area output

• Albury/Wodonga population 101,793

• Largest industry sector is manufacturing

• Workforce of over 46,000, supported by continued infrastructure and transport investment

• Strategic position on the Melbourne–Sydney

Building Specifications

The site at 109 Hume Street is improved with two well-presented commercial buildings on a substantial 1,325 sqm allotment, providing functional professional accommodation in a prominent, high-exposure location within Wodonga’s CBD fringe. Each building is designed to suit business or allied health occupiers, featuring attractive facades, practical layouts, and modern conveniences.

Tenant in 1/109 Hume, tenanted by Elmwood Pharmacy, comprises a contemporary retail space, purpose built for a pharmacy to operate with staff amenities. Tenant in 2/109 Hume, occupied by Majestic Massage offers openplan reception/waiting room space, multiple therapy rooms, kitchen facilities, and accessible restrooms. Both buildings present in excellent condition and are well maintained by both tenants respectfully.

The site includes a secure rear yard with provision for deliveries or additional vehicle storage, and 16 on-site car spaces (including 2 disabled). Extensive frontage to Hume Street ensures exceptional visibility and future redevelopment flexibility (STCA).

STRUCTURE

• Two freestanding buildings totalling approximately 297 sqm

• Modern façades with strong Hume Street exposure

• Reception and multiple office/meeting areas in each building

• Split system air conditioning and efficient LED lighting throughout

• Kitchenettes and accessible staff amenities in both tenancies

• Secure enclosed yard with gated access

SAFETY

• External flood lighting for night security

• Compliant disabled access and parking

CONVENIENCES & POWER SUPPLY

• 16 on-site car parks, including 2 accessible spaces

• Fenced yard suitable for access and storage

• Low-maintenance landscaped surrounds

• Connected to all essential services (electricity, water, sewer, internet)

• Individual power & water metering

• Solar power on the roof

ACCESSIBILITY

• The premises is located on the highly accessible street of Hume Street, Wodonga - with 16 car parks surrounding the building for easy access.

• Access to Hume Street from Laurance Street and Stanley Street – on street parking available, all day parking in the centre of the road and 2 hour parking along the gutters.

• Easy access from the Hume Highway (High Street on/off ramp)

Around The Area

Wodonga is a major regional centre in North East Victoria, located directly opposite Albury, NSW, on the southern side of the Murray River. Together, the twin cities form one of Australia’s largest and fastest-growing inland regional hubs, with a combined population of over 104,000 residents.

Ideally positioned midway between Melbourne (325 km) and Sydney (555 km) along the Hume Freeway rail and road corridor, the Albury-Wodonga region is a critical logistics, manufacturing, and service gateway between southern and eastern Australia.

The City of Wodonga continues to experience sustained population and economic growth, driven by government investment, infrastructure upgrades, and a thriving local economy supported by education, health, and advanced manufacturing sectors.

On the northern side of the Murray River, Albury complements this growth with a diverse employment base, world-class healthcare facilities, tertiary education campuses, and a strong cultural and recreational offering. The region’s shared development vision is encapsulated in the Albury 2050 Strategic Plan, which focuses on building a sustainable and connected regional economy.

Surrounded by natural beauty, thriving businesses, and ongoing investment, 109 Hume Street is ideally located to benefit from the growing strength of the Albury–Wodonga economy.

ALBURY WODONGA

Floor Plans

2/109 HUME STREET

Comparable Properties

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 are approximate only and subject to final confirmation;

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.

GST Disclaimer

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.