Developer snaps up Wodonga roundabout site

The battle-axe shaped Beechworth site at the north west corner of Beechworth Road and Nilmar Avenue is expected to be replaced with a showroom and office project.

A prominent and long-vacant block in central Wodonga has sold to a developer expected to replace it with a multi-level project comprising showrooms and offices.

The 2457 square metre Activity Centre zoned site at 171-175 Beechworth Road on the north west corner of Nilmar Avenue, and also on a roundabout connecting High, Hovell and Lawrence streets with Thomas Mitchell Drive, traded for $1.125 million.

Teska Carson’s George Takis said this part of town has “recently seen extraordinary gentrification and commercial development”.

It is also at the edge of a residential precinct.

With a population of close to 50,000 Wodonga is near the New South Wales border. Often classified with Albury – the towns, together, having more than 90,000 residents (story continues below).

“We had a very good level of enquiry despite COVID-19 restrictions from a broad range of buyers which also included owner occupiers and investors,” the executive said of 171-175 Beechworth Rd,” Mr Takis said.

Bottle shop BWS operates in a nearby corner site off the street which was once a petrol station.

Hungry Jacks and McDonalds trade from restaurants – both on roundabouts – about a kilometre south and south east respectively.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco