437 Young Street,
Albury, NSW 2640

Shops & Retail • Showrooms & Large Format Retail

Key property information

Land area

Floor area

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Map of 437 Young Street

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Prime Retail Investment | 8.5% Yield!! | Leased to The Good Guys

Modern Retail Investment
Leased to ‘The Good Guys’
Highly Exposed Corner Position

Savills is pleased to offer for Private Sale this high profile retail investment, leased to ‘The Good Guys’, wholly owned by ASX-listed ‘JB Hi-Fi Limited’.

Key attributes of this property are as follows:
- Modern corner retail showroom of 2,910sq m*
- 5+5 year lease to ‘The Good Guys’ (wholly owned by ASX Listed ‘JB Hi-Fi Limited’)
- Current Net Rental of $448,160 pa* + GST
- Plus an additional vacant showroom providing scope for additional rental
- Current net yield above 8.5% + growth!
- Situated in the rapidly growing city of Albury, a major regional hub in the Murray River region of NSW
- Excellent corner site of 5,128sq m* with high visibility to both Young and Hume Street
- Adjacent to Officeworks and close to Dan Murphy’s, Woolworths and Myer

For Private Sale

For further information, please contact:

Clinton Baxter - 0413 569 888
Benson Zhou - 0458 488 8...
Julian Heatherich - 0412 995 6...

*Approx

Albury, 2640 demographic data

The median household income for Albury is $1,601, 12% higher than Regional New South Wales's household income of $1,434. Albury has an older age profile compared to the rest of Regional New South Wales (median age 45 vs 43). Property ownership data shows 37% of property owners in Albury have a mortgage.

4,955

Population

$1,601 per week

Median household income

45 years

Median age

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Most residents

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