469 Young Street, Albury, NSW 2640

Other

Sold Contact Agent

  • Property ID: 391856
  • Floor Area: 330m²
  • Land Area: 687m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 330m2 687m2 Contact Agent
OUTSTANDING COMMERCIAL INVESTMENT

LJ Colquhoun Dixon Real Estate are pleased to offer for sale at Auction this outstanding commercial investment property.

- Five (5) year lease to O'Brien Auto Glass.
- Lease expires August 2024 with option.
- Current rent is $49,595 per annum plus GST.
- Outgoings are payable by lessee.
- Zoning B4 Mixed Use.

The site is superbly positioned in Albury's Central Business District and enjoys enormous exposure to Young Street being a major arterial road in Albury.

It is prominently located and provides exposure to a major intersection and enjoys the benefit of being on the north east corner of the intersection.

The site comprises an area of approximately 687 square metres and has a frontage to Young Street of approximately 41 metres and a depth of 16.6 metres.

The landlord has recently added a loading bay with additional roller doors and an additional rent of $600 per calendar month including GST is paid in addition to the rent to offset the cost of the improvements.

NB: Properties of this calibre are tightly held and the opportunity to acquire this commercial investment with all fundamentals being satisfied represents a unique opportunity.

Terms: 10% deposit, balance 42 days.

Albury Suburb Profile

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

  • 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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