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116 Thomas Mitchell Drive, Wodonga$625,000
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116 Thomas Mitchell Drive

Wodonga, VIC 3690, Australia
$600,000 – $650,000
4 bed 1 bath 2 car593 m²

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About this property

**** Offers Closing July 7th at 1pm *** An exceptional piece of real estate has hit the Wodonga market. This freehold property represents a rare chance to acquire a fully fitted, council-approved medical/consulting premises that has anchored a thriving local practice for over two decades. Whether you are: 1. an investor looking for a secure asset with active room-rental income that nets $40k p.a on seperate periodic lease arrangements 2. An allied health practitioner wanting to future-proof your business 3. An owner occupier seeking a residential premises to live in once completing cosmetic conversions This property delivers. Property Features: 5 Consulting Rooms: Council-compliant and spacious (4 with individual hand basins). Excellent Access: Disability-friendly with ramp access and 3 bathrooms (including 1 wheelchair-accessible). Professional Reception: Large, welcoming front desk area with 2 separate waiting zones to manage client flow. Complete Commercial Fit-Out: Includes security camera infrastructure, data networking, and dedicated phone systems. The Opportunity: For the Investor: Benefit from an immediate income stream with a dedicated team of four practitioners currently utilizing the space and renting rooms. The site has enjoyed continuous clinic operations here since 2004. For the Owner-Occupier: A flawless, walk-in ready transition for a chiropractor, physiotherapist, doctor, or specialist looking to relocate into a premium, recognizable health hub without the setup costs. NOTE: BUSINESS IS NOT FOR SALE, SELLING THE BUILDING ONLY Disclaimer: While we have made every effort to ensure that information provided about the above property is accurate, it has been provided to us by the Vendor and other sources. We therefore do not accept responsibility for its accuracy and strongly advise all interested parties to obtain independent advice and make their own inquiry before proceeding.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Land Area
593 m²
Listed
1 month ago

Repayment calculator

$3,030/month
$1,515 /fortnight
Loan $500,000 at 6.10% over 30 years

Upfront costs

Deposit$125,000
Stamp duty$32,570
Conveyancing (est.)$2,000
Total upfront$159,570
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Wodonga

This 4-bedroom house in Wodonga, VIC 3690 sits within reach of public transport, local shops and nearby schools. It is listed 4% below the $650,000 median of 78 comparable houseswithin 5 km.

Schools near Wodonga

  • Wodonga Middle Years Collegecombined · 3-9 · CoEd
  • Wodonga Middle Years College-HighWater Campuscombined
  • St Augustine's Schoolprimary · Prep-6 · CoEd
  • Wodonga Primary Schoolprimary · Prep-6 · CoEd
  • Wodonga South Primary Schoolprimary · Prep-6 · CoEd
  • Wodonga West Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)3.7 km away
  • Birallee Newsagency, Post Office, and Tattslotto3.4 km away
  • Unnamed3.5 km away
  • Marimba Park3.8 km away
  • Alma Rogers Park3.9 km away

Wodonga at a glance

Full suburb profile
Population
20,259
Median age
39
Household income
$1,364/wk
Median rent
$280/wk
Median mortgage
$1,387/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Wodonga price trend

Median sold · House 4 bed

Compound growth +5.1% / yr over 4 yrs

$705kcurrent median

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Price history

Price history

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