An excellent opportunity to secure a landmark freehold commercial building in the heart of central Wodongas thriving retail precinct.
Gundowring House is located on the corner of Beechworth Road and Lawrence Street and stands as one of Wodongas finest landmark buildings.
Steeped in history and originally built in 1952, this double-brick, double-storey property presents a unique opportunity for the savvy investor.
Positioned on an approximately 651m allotment, the building is currently configured with four commercial suites on the ground floor and two residential units upstairs.
The property includes 10 allocated car parks and benefits from high-profile street frontage. Zoned Commercial 1, with all services connected.
The building is currently leased to multiple tenants, with scope to increase the current monthly rental income.
This is a solid investment opportunity not to be missed. To discuss the current lease arrangements, annual returns, outgoings, and to arrange an inspection, contact Terry Hill on 0412 793 331.
The size of Wodonga is approximately 37.1 square kilometres. It has 36 parks covering nearly 9.0% of total area. The population of Wodonga in 2016 was 18948 people. By 2021 the population was 20259 showing a population growth of 6.9% in the area during that time. The predominant age group in Wodonga is 30-39 years. Households in Wodonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wodonga work in a professional occupation.In 2021, 59.90% of the homes in Wodonga were owner-occupied compared with 58.40% in 2016.
Wodonga has 12,067 properties. Over the last 5 years, Houses in Wodonga have seen a 76.22% increase in median value, while Units have seen a 92.75% increase. As at 30 November 2025:
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