Wodonga X-ray and Upper Murray Family Care building sells for more than $3 million
STORY ACCREDITATION: The Border Mail 21 June, 2023 | WRITER: Beau Greenway
A strong run of commercial property sales in Wodonga has continued with a building in the CBD purchased under the hammer for more than $3 million on Wednesday, June 21.
The 600-square metre lot on Stanley Street, home to Wodonga X-ray and Upper Murray Family Care, was snapped up for $3,205,000 by a Sydney investor.
Bidding started at $3 million as offers came from five different parties.
A commercial property on Stanley Street in Wodonga sold for $3.205 million at auction on Wednesday, June 21. Picture by Dixon Commercial Real Estate
Selling agent Andrew Dixon, of Dixon Commercial Real Estate, said it was another strong sale.
“It demonstrates the depth of the market,” he said.
Mr Dixon revealed the net income of the property was $189,985, with separate lease arrangements in place until 2026 and 2029.