601 Olive Street, Albury, NSW 2640

Offices

Sold Contact Agent

  • Property ID: 395322
  • Floor Area: 462m²
  • Land Area: 1233m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold N/A 462m2 1233m2 Contact Agent
QUALITY COMMERCIAL INVESTMENT

L.J Colquhoun Dixon Commercial Real Estate is pleased to be able to offer for sale at Auction this outstanding central Albury commercial investment.

The property is situated two blocks north of Dean Street and is sited in close proximity to a major council car park.

Erected on the site is an office block, which in its former life, was occupied by the ABC radio station.

It is now split into two (2) tenancies comprising a gross building area of approximately 462 square metres.

The site comprises an area of approximately 1,233 square metres and has a frontage to Wilson Street of 40.61 metres and a frontage to Olive Street of 30.48 metres.

The net income from the two tenants is currently $110,000 per annum plus GST and both tenants pay all outgoings.

The building has had a solid tenancy history and offers quality office accommodation at an affordable level.

The site also has long term residential development opportunities and the offering of 601 Olive Street represents an outstanding opportunity to purchase quality real estate in central Albury.

Terms: 10% deposit, balance 60 days.

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 Offices 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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