518 Macauley Street,
Albury, NSW 2640
Shops & Retail
Key property information
Floor area
Tenure type
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Map of 518 Macauley Street
SUPERBLY LOCATED COMMERCIAL INVESTMENT
L.J Colquhoun Dixon Commercial Real Estate are pleased to offer for sale Unit 3 of this superbly positioned commercial investment property.
The building comprises an area of approximately 188 square metres and is part of a three (3) lot strata commercial complex.
The building has been occupied by Statewide Sewing Centre for many years.
This tenant entered into a five (5) year lease in July 2018 and has two (2) options of lease renewal, each of five (5) years.
The current rent is $27,854 per annum plus GST on a net basis with the tenant paying all outgoings.
The annual rent is adjusted to CPI with a market review due in the first year of any renewed term.
The property has new air-conditioning and a new roof has been recently installed.
The land is zoned B3 Commercial Core in accordance with the local Albury Local Environmental Plan of 2010 which is the highest and best commercial usage in Albury.
The property is superbly located in Albury's Central Business District and is sited opposite a large major Council car park and is in close proximity to Dean Street.
Terms: 10% deposit, balance 42 days.
For further details please contact Oscar Dixon on 0408 212 2... or Nathan Last on 0457 934 842.
The building comprises an area of approximately 188 square metres and is part of a three (3) lot strata commercial complex.
The building has been occupied by Statewide Sewing Centre for many years.
This tenant entered into a five (5) year lease in July 2018 and has two (2) options of lease renewal, each of five (5) years.
The current rent is $27,854 per annum plus GST on a net basis with the tenant paying all outgoings.
The annual rent is adjusted to CPI with a market review due in the first year of any renewed term.
The property has new air-conditioning and a new roof has been recently installed.
The land is zoned B3 Commercial Core in accordance with the local Albury Local Environmental Plan of 2010 which is the highest and best commercial usage in Albury.
The property is superbly located in Albury's Central Business District and is sited opposite a large major Council car park and is in close proximity to Dean Street.
Terms: 10% deposit, balance 42 days.
For further details please contact Oscar Dixon on 0408 212 2... or Nathan Last on 0457 934 842.
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
Dixon Commercial Real Estate - Albury
576 Kiewa StreetALBURY, NSW 2640
518 Macauley Street
Albury, NSW 2640
Dixon Commercial Real Estate - Albury576 Kiewa Street
ALBURY, NSW 2640
ALBURY, NSW 2640
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