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437 Young Street
Albury NSW 2640
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Sold on 17 Sep 2018

437 Young Street Albury NSW 2640

  • Shop & Retail
  • 2,910 m²
  • Sold

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:

Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655

*Approx

Property Highlights

Date Sold17 Sep 2018
Floor Area2,910 m²
Land Area5,128 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2014601397
Category
Last updated  30 Sep 2021
Map for 437 Young Street Albury NSW 2640

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Property Highlights

Date Sold17 Sep 2018
Floor Area2,910 m²
Land Area5,128 m²
ParkingOn site parking available
Building TypeWhole building
Property ID2014601397
Category
Last updated  30 Sep 2021

Listed by

Savills Melbourne
Call
03 8686 8000

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