QUALITY COMMERCIAL INVESTMENT
531 & 531A Kiewa Street, Albury, NSW 2640
L.J Colquhoun Dixon Commercial Real Estate are pleased to offer for sale 531 Kiewa Street, Albury via public auction on August 19 at 2.30pm on-site.
Sitting on a site of 609 sqm and sold with two (2) quality tenants across a total net lettable area of 263 sqm, the offering represents a rare opportunity to acquire a prominent commercial investment centrally positioned on Kiewa Street and in close proximity to the Albury Post Office, West End Plaza, and Albury's main street, Dean Street.
531 Kiewa Street, Albury:
Tenant – Commonwealth of Australia t/a Department of Agriculture, Water & Environment
Building Area – Approximately 172 sqm
Lease: Three (3) years commencing October 2021
Option: Three (3) years
Rent: $54,000 per annum (plus GST)
531A Kiewa Street, Albury:
Tenant – OCTEC Employment Services
Building Area – Approximately 95 sqm
Lease: One (1) year & six (6) months commencing January 2022
Option: Two (2) years
Rent: $33,804.48 per annum (plus GST & outgoings)
Terms: 10% deposit, balance 60 days.
For more information or to request a copy of the Information Memorandum, please contact the Sales Agents below.