459 Townsend Street, Albury, NSW 2640

Retail

Sold Contact Agent

Sold

  • Property ID: 372544
  • Floor Area: 354m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 354m2 N/A Contact Agent
SUPERB COMMERCIAL INVESTMENT OPPORTUNITY

LJ Colquhoun Dixon Real Estate are pleased to offer for sale by Expression of Interest this superbly located commercial investment property.

Situated on the corner of Townsend Street and Smollett Street in a prime central location is this two storey, fully let commercial investment.

The ground floor includes two well established coffee shops/restaurants. Shop 1 is occupied by The Proprietor and comprises an area of approximately 192 square metres and shop 2 is occupied by Clancy's Food Store and comprises an area of approximately 132 square metres.

In addition to the ground floor tenancies, there is also a residential unit on the first floor which comprises two bedrooms, living area, kitchen and bathroom and is accessed from Townsend Street.

The site comprises an area of approximately 354 square metres and has a frontage to Townsend Street of approximately 11.6 metres and a frontage to Smollett Street of 30.48 metres.

The property has an annual income of approximately $110,000 per annum and has a B4 Mixed Zoning in accordance with Albury's Local Environmental Plan 2010.

The site is positioned directly opposite the new $30 million office development which is due to commence construction next year and offers enormous long term potential.

Albury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Retail $3417 $309 9.05%
Offices $3417 $280 8.20%
Industrial --- $76 ---
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 Retail 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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