469 Young Street,
Albury, NSW 2640
Other
Key property information
Land area
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Map of 469 Young Street
OUTSTANDING COMMERCIAL INVESTMENT
LJ Colquhoun Dixon Real Estate are pleased to offer for sale at Auction this outstanding commercial investment property.
- Five (5) year lease to O'Brien Auto Glass.
- Lease expires August 2024 with option.
- Current rent is $49,595 per annum plus GST.
- Outgoings are payable by lessee.
- Zoning B4 Mixed Use.
The site is superbly positioned in Albury's Central Business District and enjoys enormous exposure to Young Street being a major arterial road in Albury.
It is prominently located and provides exposure to a major intersection and enjoys the benefit of being on the north east corner of the intersection.
The site comprises an area of approximately 687 square metres and has a frontage to Young Street of approximately 41 metres and a depth of 16.6 metres.
The landlord has recently added a loading bay with additional roller doors and an additional rent of $600 per calendar month including GST is paid in addition to the rent to offset the cost of the improvements.
NB: Properties of this calibre are tightly held and the opportunity to acquire this commercial investment with all fundamentals being satisfied represents a unique opportunity.
Terms: 10% deposit, balance 42 days.
- Five (5) year lease to O'Brien Auto Glass.
- Lease expires August 2024 with option.
- Current rent is $49,595 per annum plus GST.
- Outgoings are payable by lessee.
- Zoning B4 Mixed Use.
The site is superbly positioned in Albury's Central Business District and enjoys enormous exposure to Young Street being a major arterial road in Albury.
It is prominently located and provides exposure to a major intersection and enjoys the benefit of being on the north east corner of the intersection.
The site comprises an area of approximately 687 square metres and has a frontage to Young Street of approximately 41 metres and a depth of 16.6 metres.
The landlord has recently added a loading bay with additional roller doors and an additional rent of $600 per calendar month including GST is paid in addition to the rent to offset the cost of the improvements.
NB: Properties of this calibre are tightly held and the opportunity to acquire this commercial investment with all fundamentals being satisfied represents a unique opportunity.
Terms: 10% deposit, balance 42 days.
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...
469 Young Street
Albury, NSW 2640
Dixon Commercial Real Estate - Albury576 Kiewa Street
ALBURY, NSW 2640
ALBURY, NSW 2640
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