342 Rau Street East Albury NSW 2640

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.)