592 David Street, Albury, NSW 2640

Development/Land

Sold

  • Property ID: 434644
  • Floor Area: 795m²
  • Land Area: 1348m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 08/09/2023 795m2 1348m2 Contact Agent
ALBURY CBD FREEHOLD OPPORTUNITY WITH SIGNIFICANT SCOPE

Dixon Commercial Real Estate are pleased to offer for sale for the first time in many decades 592 David Street, Albury via an on-site public auction on Friday 8th September at 2.30pm.

Sold with a short-term lease tenure, this offering represents a rare opportunity for owner occupiers, developers and investors alike to acquire a quality freehold property within Albury's CBD.

Comprising a building area of approximately 795 square metres and positioned on a site of approximately 1,348 square metres, this free-standing building has a 16-metre frontage to David Street and is complemented with separate access from Wilson Street. The hardstand within the yard is mostly concreted and provides ample area for car parking.

The property is zoned Mixed Use (MU1) under the Albury Local Environmental Plan 2010, which encourages a diversity of business, retail, office and light industrial land uses that generate employment opportunities, exacerbating the significant scope associated with this CBD site.

Terms: 10% deposit, balance 60 days.

For more information or to request a copy of the Information Memorandum, please contact the Sales Agents below.

Albury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $80 ---
Offices $2773 $258 9.31%
Retail $2773 $308 11.11%
This is the average advertised price, rent and yield for Albury, NSW 2640*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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