23 Hoffman Road, Albury, NSW 2640

Industrial | Industrial

Sold Contact Agent

Sold

  • Property ID: 344091
  • Floor Area: 8278m²
  • Land Area: 29610m²
  • NBN Availability: Not Currently Available
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 8278m2 29610m2 Contact Agent
GOVERNMENT LEASED INVESTMENT

L.J Colquhoun Dixon, in conjunction with CBRE, are pleased to offer 23 Hoffman Road, Albury, NSW for sale via Expressions of Interest closing Thursday 10th October 2019 at 3pm.

23 Hoffman Road, Albury comprises a large industrial allotment of 2.96 ha, located within an industrial estate adjoining the Albury Airport. The land is improved with a collection of high quality, modern industrial buildings used for a variety of warehousing and office uses.

The property is currently leased to the Commonwealth of Australia - Department of Defence, guaranteed by the Federal Government.

Investment highlights:
· Leased to Commonwealth of Australia - Department of Defence
· Brand new 5+5 year lease commenced August.1.2019
· Rental: $413,900 pa plus GST
· Outgoings - Payable by lessee
· Building area - approx. 8,278 m2
· Site area - approx. 29,610 m2

Albury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3417 $309 9.05%
Industrial --- $76 ---
Offices $3417 $280 8.20%
This is the average advertised price, rent and yield for Albury, NSW 2640*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* 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:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 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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