High Yielding Industrial Investment
200-208 North Street , Albury NSW
Property Highlights
Description
+ Various value add opportunities including rental increases and the addition of more buildings on surplus land area at the rear
+ A diversified investment with solid cashflow from 8 tenants plus 2 land storage occupiers
+ Massive 30,018sqm* site with 134m wide street frontage
+ Significant recent upgrades and refurbishment to buildings carried out over the last two years
+ A strong history of tenant retention
+ The site includes approx 9,300sqm* of surplus land at the rear that may suit new buildings (subject to council approval)
+ Well established and convenient central Albury location, close to arterial roads and easy ingress/egress
+ The border towns of Albury/Wodonga are a booming region with a population of 100,435 and growing
+ Net Income $504,280 + GST
For Sale by Auction
Wednesday 11 May 10.30am (AEST)
Crown Casino, Melbourne
Property Details