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618 Young Street
Albury NSW 2640
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Sold on 31 Aug 2021

618 Young Street Albury NSW 2640

  • Shop & Retail
  • 9,690 m²
  • Sold

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 Australia's 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 Australia's 13th largest non-capital city
For Sale by Expressions of Interest closing 4.00pm (AEST) Thursday 22 nd April 2021

JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold31 Aug 2021
Floor Area9,690 m²
Land Area1.43 ha
ParkingOn site parking available
Property ID2016877611
Category
Last updated  17 Dec 2021
Map for 618 Young Street Albury NSW 2640

Nearest transport* to 618 Young Street Albury NSW 2640

Bus
Train
Guinea St After Young St120 m
Young St/Guinea St (Albury (NSW))122 m
Guinea St Before Young St123 m
Young St/Guinea St (Albury (NSW))125 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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JLL - Melbourne
JLL - Melbourne
Level 33/101 Collins St
Melbourne, VIC 3000

Property Highlights

Date Sold31 Aug 2021
Floor Area9,690 m²
Land Area1.43 ha
ParkingOn site parking available
Property ID2016877611
Category
Last updated  17 Dec 2021

Co-Agents

Stuart Taylor
Stuart Taylor
JLL - Melbourne
Call
+61428000000
Nick Willis
Nick Willis
JLL - Melbourne
Call
+61409595803
MingXuan Li
MingXuan Li
JLL - Melbourne
Call
+61 498 688 998

More about 618 Young Street Albury NSW 2640

618 Young Street Albury NSW 2640 is categorized as Shop & Retail Property. It has a floor area of 9,690 m² and a land area of 1.43 ha. The listing ID for this property is 2016877611.

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