459 Townsend Street,
Albury, NSW 2640
Shops & Retail
Key property information
Floor area
Tenure type
Sold on
Map of 459 Townsend Street
SUPERB COMMERCIAL INVESTMENT OPPORTUNITY
LJ Colquhoun Dixon Real Estate are pleased to offer for sale by Expression of Interest this superbly located commercial investment property.
Situated on the corner of Townsend Street and Smollett Street in a prime central location is this two storey, fully let commercial investment.
The ground floor includes two well established coffee shops/restaurants. Shop 1 is occupied by The Proprietor and comprises an area of approximately 192 square metres and shop 2 is occupied by Clancy's Food Store and comprises an area of approximately 132 square metres.
In addition to the ground floor tenancies, there is also a residential unit on the first floor which comprises two bedrooms, living area, kitchen and bathroom and is accessed from Townsend Street.
The site comprises an area of approximately 354 square metres and has a frontage to Townsend Street of approximately 11.6 metres and a frontage to Smollett Street of 30.48 metres.
The property has an annual income of approximately $110,000 per annum and has a B4 Mixed Zoning in accordance with Albury's Local Environmental Plan 2010.
The site is positioned directly opposite the new $30 million office development which is due to commence construction next year and offers enormous long term potential.
Situated on the corner of Townsend Street and Smollett Street in a prime central location is this two storey, fully let commercial investment.
The ground floor includes two well established coffee shops/restaurants. Shop 1 is occupied by The Proprietor and comprises an area of approximately 192 square metres and shop 2 is occupied by Clancy's Food Store and comprises an area of approximately 132 square metres.
In addition to the ground floor tenancies, there is also a residential unit on the first floor which comprises two bedrooms, living area, kitchen and bathroom and is accessed from Townsend Street.
The site comprises an area of approximately 354 square metres and has a frontage to Townsend Street of approximately 11.6 metres and a frontage to Smollett Street of 30.48 metres.
The property has an annual income of approximately $110,000 per annum and has a B4 Mixed Zoning in accordance with Albury's Local Environmental Plan 2010.
The site is positioned directly opposite the new $30 million office development which is due to commence construction next year and offers enormous long term potential.
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
Owners
Most residents
Families
Most households
0409 356 4...
459 Townsend Street
Albury, NSW 2640
Dixon Commercial Real Estate - Albury576 Kiewa Street
ALBURY, NSW 2640
ALBURY, NSW 2640
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
429 Townsend Street,Albury, NSW 2640 1180 m²Shops & Retail • Showrooms & Large Format Retail
