45-47 Reid Street, Wangaratta, VIC 3677 | Property Value & History | OnTheHouse
OFF MARKET

45-47 Reid Street
Wangaratta VIC 3677

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Property Details for 45-47 Reid St, Wangaratta

Building Type
Commercial
Local Government
Wangaratta
Lot/Plan
1/PS627735

Last Listing description (December 2021)

Secure Lease to ASX Giant NAB Retail Epicentre Location

+ Secure 7 + 5 + 5 year Net lease through to 2034
+ NAB: ASX listed giant, market cap circa $90 billion
+ Annual rent reviews

+ Landlord favourable Net lease terms with NAB paying all usual outgoings as per the lease
+ Immaculate 636*sqm two-storey building with dual frontage in the heart of the CBD
+ Includes Workways Australia, established in 1989 on a 2 x 2 year lease
+ Strategically positioned within metres of Dan Murphy's, Woolworths, ALDI, Big W and major Government buildings
+ Potential 50% stamp duty savings
+ Surrounded by important social infrastructure, including 10 primary and secondary schools within 3km servicing a combined 2,484 full time students.**
+ Wangaratta: large progressive regional city and expansive secondary catchment population over 60,000*
+ Net Income: $191,707 pa + GST

To be sold by Investment Portfolio Auction:
10:30am AEDT
Wednesday 15 December 2021
Crown Casino, Melbourne

**GapMaps
*Rural City of Wangaratta

*All areas and figuresapproxonly. All boundaries are indicative only. All precaution has been taken to establish the accuracy of all information but does not constitute any representation by the Vendor or Agents

Property History for 45-47 Reid St, Wangaratta, VIC 3677

A timeline of how this property has performed in the market
Last Sold
$3,750,000
16 Dec 2021
  • 15 Dec 2021
    Sold - Price Undisclosed
  • 18 Nov 2021
    Listed for Sale Price on Request
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About Wangaratta 3677

The size of Wangaratta is approximately 47.0 square kilometres. It has 55 parks covering nearly 8.0% of total area. The population of Wangaratta in 2016 was 18102 people. By 2021 the population was 19214 showing a population growth of 6.1% in the area during that time. The predominant age group in Wangaratta is 60-69 years. Households in Wangaratta are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wangaratta work in a professional occupation.In 2021, 66.70% of the homes in Wangaratta were owner-occupied compared with 66.10% in 2016.

Wangaratta has 11,896 properties. Over the last 5 years, Houses in Wangaratta have seen a 43.30% increase in median value, while Units have seen a 47.80% increase. As at 31 March 2026:

  • The median value for Houses in Wangaratta is $545,014 while the median value for Units is $395,447.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 22 properties listed for sale, and no properties listed for rent in Wangaratta on OnTheHouse. According to Cotality's data, 561 properties were sold in the past 12 months in Wangaratta.

Suburb Insights for Wangaratta 3677

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.