On behalf of our valued client, Stean Nicholls have the pleasure in offering to the market the opportunity to acquire 869 Mate Street, North Albury.
With the tremendous growth of the region, the current owners, DLG Aluminium & Glazing, are expanding their business and are developing themselves a new site to relocate to.
The property boasts excellent corner site positioning with Mate Street frontage PLUS side access from Buckingham Street and Pauls Lane.
The sale of this property will be sold with a lease back until 31.12.2022 + six (6) month option if required. The lease in place is $222,181.96 +GST per annum.
The property has the following key characteristics:
Workshop 1 1,000m2 building
Workshop 2 1,000m2 building with a 5m roller door
Workshop 3 816m2 with 5m roller doors on either end
Total lettable area 3,336m2
5-Tonne 'Compass' crane
B5 Business development zoned
On a large 4640m2 corner block
Net Income $222,181.96 pa +GST
For further information please contact Stean Nicholls, the exclusive selling agent:
Kristian Hopwood| +61 473 888 821 | kristian@steannicholls.com.au
Geoff Stean| +61 413 888 788 | geoff@steannicholls.com.au