478 David Street, Albury, NSW 2640

Offices

Sold

  • Property ID: 440658
  • Floor Area: 167m²
  • Land Area: 525m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 01/03/2024 167m2 525m2 Contact Agent
ALBURY CBD INVESTMENT OPPORTUNITY - OUTSTANDING COVENANT

Dixon Commercial Real Estate are pleased to offer for sale 478 David Street, Albury via public auction on Friday 1 March at 2.30pm on-site.

The opportunity presents a prominent commercial investment superbly positioned within Albury's CBD; only 100 metres from Dean Street.

The site comprises an area of approximately 525 square metres and has a frontage to David Street of 11 metres. The subject property comprises a building area of 167 square metres and features modern and newly renovated office accommodation and amenities, new air-conditioning and rear car parking for up to seven (7) vehicles.

The premises are occupied by Stewart Gould Real Estate, who are a strong performing Estate Agent and renowned as a market leader.

Lease Details:
Tenant: Stewart Gould Real Estate
Net Rent: $46,236 per annum + GST
Lease Commencement: 1 March, 2021
Term: Five (5) years
Option: Five (5) years
Rent Review: Annually to CPI

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
Retail $2773 $311 11.21%
Offices $2773 $280 10.10%
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:

  • 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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