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342 Rau Street East Albury, NSW 2640

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342 Rau Street,
East Albury, NSW 2640

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Price information

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$890,000

Key property information

Land area

Floor area

Tenure type

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Map of 342 Rau Street

Directions

Invest In Old East Albury - Open for inspection Friday 12:30-1pm

  • High Exposure Corner Site
  • Fully leased investment
  • 2 commercial & 1 residential tenancy
This prominent corner site is the heartbeat of the community with successful trading businesses for over 10 years. In addition to the two commercial tenancies, there is a 3-bedroom, 1-bathroom home attached (currently under a periodic lease).

Tenancy 1 (one) is a well-known café that has been serving the area coffee and breakfast for the last 10 years and has built up a strong reputation and clientele.
Tenancy 2 (two) is an experienced hair salon that operates 6 days per week.

The home offers a main living zone, separate dining, and kitchen plus three bedrooms, a laundry, and a family bathroom with a segregated toilet. Outside offers an attached carport and additional off-street parking.

Situated in the highly sought-after area of Old East Albury and surrounded by tree lined streets, this investment property is not to be missed. Within walking distance to parks, tennis courts and the Albury CBD, this home and investment property will attract astute investors.

The property features:
• High exposure corner site
• 696m2 (approx.)
• 2 (two) commercial & 1 (one) residential tenancies
• Walking distance to Albury CBD and train station
• R1 General Residential
• Fully leased investment returning $52,710 p/a (approx.)

Additional information

Property ID: 504164371Last Updated: 21 Dec 2022

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342 Rau Street
East Albury, NSW 2640
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