1102 Mate Street,
North Albury, NSW 2640
Shops & Retail
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Map of 1102 Mate Street
National Retail Tenant + 2 Residential Apartments
Stanley & Martin is pleased to present 1102 Mate Street, North Albury for sale by way of Tender closing Thursday 2 December 2021 at 4pm (AEDT).
Here is a brilliant opportunity to acquire this double storey, freehold property with immediate, secured retail income & significant upside to let the 2 x 3 bedroom apartments on level one.
The ground floor is securely leased to the Salvation Army Family Store until 23 November 2023, returning Net $61,800* PA + GST + Outgoings and 3% increases PA. Level one comprises 2 x 3 bedroom, spacious, modern apartments with a potential rental return of $31,200*. The property is well situated 40 meters* from the major five-ways intersection of North Albury and Lavington.
Additional highlights of the property:
• Total potential Net rent $93,000*
• Total building area of 870 sqms*
• Flexible B3 – Commercial Core Zone
• Total site area 638 sqms*
• Public ca rpark at rear. * Denotes approx.
Here is a brilliant opportunity to acquire this double storey, freehold property with immediate, secured retail income & significant upside to let the 2 x 3 bedroom apartments on level one.
The ground floor is securely leased to the Salvation Army Family Store until 23 November 2023, returning Net $61,800* PA + GST + Outgoings and 3% increases PA. Level one comprises 2 x 3 bedroom, spacious, modern apartments with a potential rental return of $31,200*. The property is well situated 40 meters* from the major five-ways intersection of North Albury and Lavington.
Additional highlights of the property:
• Total potential Net rent $93,000*
• Total building area of 870 sqms*
• Flexible B3 – Commercial Core Zone
• Total site area 638 sqms*
• Public ca rpark at rear. * Denotes approx.
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Property ID: 503947186Last Updated: 27 Apr 2022
02 6023 89...
1102 Mate Street
North Albury, NSW 2640
Stanley & Martin - AlburySuite 2 | 647-653 Dean Street
ALBURY, NSW 2640
ALBURY, NSW 2640
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