92-94 Woods StreetDonald VIC 3480
Property Details for 92-94 Woods St, Donald
Last Listing description (November 2021)
This freehold main street brick building has served the Donald community for many years and has two existing tenancies paying $19,240 inc GST PA. 92 94 Wood Street operates as a plumbing and electrical business while Jasper and Co is a popular giftware shop. All outgoings are paid by the tenants and both businesses wish to renew their leases in 12 months' time.
94 Wood Street has two store rooms, loading dock, large shed plus equipment shed, ample yard space, undercover storage area, securely fenced yard with rear access to the shops and toilets. The retail showroom is modern and also has an office area at $220 per week. 92 Wood Street has its own utilities and shares the rear access and toilets and is a good retail space, rent is $150 per week. Heating and evaporative cooling service both shops. With CPI increases and another 5 year option for the plumbing business, this gives an inclusive rent return of 7.5% %. $249,000 plus GST if applicable.
Property History for 92-94 Woods St, Donald, VIC 3480
- 01 Dec 2021Sold for $238,000
- 29 Sep 2021Listed for Sale $249,000
- 11 Aug 2021Listed for Sale $239,000 + GST if Applicable - REDUCED
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About Donald 3480
The size of Donald is approximately 312.8 square kilometres. It has 13 parks covering nearly 23.0% of total area. The population of Donald in 2016 was 1498 people. By 2021 the population was 1472 showing a population decline of 1.7% in the area during that time. The predominant age group in Donald is 50-59 years. Households in Donald are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Donald work in a labourer occupation.In 2021, 74.50% of the homes in Donald were owner-occupied compared with 73.50% in 2016.
Donald has 1,004 properties. Over the last 5 years, Houses in Donald have seen a 79.98% increase in median value, while Units have seen a 63.47% increase. As at 30 November 2025:
- The median value for Houses in Donald is $262,863 while the median value for Units is $334,755.
- Houses have a median rent of $330.
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