Two commercial properties in Wangaratta's bustling CBD at 76-84 Ovens Street and 74 Ovens Street for sale represent investment opportunities in the thriving regional city.

The Fountain Centre at 76-84 Ovens Street stands as a true regional trophy asset. This fully tenanted retail hub occupies a high-profile corner position opposite The Co Store and King George Gardens. With six diverse leases across two levels and a current rental income of $124,029 (ex GST), it epitomizes the quality and potential of regional commercial real estate.

Just steps away, 74 Ovens Street offers a secure healthcare investment anchored by triple net leases with Ramsay Pharmacy Retail Services and Healius Pathology. This strategic location, opposite a high-performing Woolworths and adjacent to Ovens Medical Group, capitalizes on the surging demand for healthcare property investments. The property boasts a net rental income of $141,263 with a 4.1-year WALE (as of August 2024).

Mike Noble from Garry Nash & Co commented on the unique appeal of these properties: "The Fountain Centre and the healthcare investment at 74 Ovens Street represent the cream of the crop in regional commercial real estate.

Wangaratta, located in the heart of North East Victoria, has experienced significant growth and development in recent years.

Noble noted, "Wangaratta's strategic location, robust economy, and excellent lifestyle offerings make it an increasingly attractive destination for both businesses and residents.

Both properties benefit from Wangaratta's 50% regional stamp duty concession, enhancing their appeal to savvy investors.

"Investors are increasingly recognizing the value proposition of regional commercial assets," Noble added. "These Wangaratta properties offer strong tenant profiles, strategic location, and potential for future growth.”

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