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618 Young Street Albury NSW 2640

  • Shop & Retail
  • 9,690 m²
  • For Sale, Please contact the exclusive selling agents.

Convenience Centre with 10 year WALE

  • Newly opened, dual tenanted Harris Farm
  • Anchored by 4,453sqm Harris Farm Markets
  • Current Net Income of $1,847,291 p.a.

Albury Convenience Centre is a newly opened premium daily-needs and convenience-based investment. The single level retail centre anchored by Harris Farm Markets and includes an Amart Furniture Showroom and Warehouse totaling 9,960 sqm. 

Located on the New South Wales and Victorian border is a major regional city comprising the cities of Albury and Wodonga. Situated on the border the two combine to form Australias 13 th largest non-capital city with nearly 95,000 residents 1 . The major regional city is forecasted to achieve a population of over 126,000 by 2036 an average annual growth rate of 1.64%.

1Blog.id.com.au

Brand New Daily-Needs and Convenience Based Retail Investment
Secure Income Stream with a WALE (by area) of 9.88 years
Significant Depreciation Benefits full refurbishment completed in 2020
Anchored by Harris Farm Markets Flagship store (Largest in their portfolio of 29 stores)
High-Profile 14,250sqm Corner site, situated in the heart of Albury-Wodonga
Fixed annual rent reviews, providing guaranteed income growth
Albury-Wodonga is Australias 13th largest non-capital city
For Sale by Expressions of Interest closing 4.00pm (AEST) Thursday 22 nd April 2021

Property Highlights

Property ID2016877611
Floor Area9,690 m²
Land Area1.43 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  25 Mar 2021
Map for 618 Young Street Albury NSW 2640
Map for 618 Young Street Albury NSW 2640618 Young Street Albury NSW 2640

Property Highlights

Property ID2016877611
Floor Area9,690 m²
Land Area1.43 ha
ParkingOn site parking available
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  25 Mar 2021
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