SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD
SOLD

High Yielding Industrial Investment

200-208 North Street , Albury NSW

Property Highlights

Value Add Opportunities
Recently upgraded and refurbished
Net Income $503,162 pa + GST

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

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
30,018 SQM
Building Area
9,308 SQM

Price

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