High Yielding Industrial Investment

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

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Contact agents
Beau Coulter Partner
0413 839 898
Dean Venturato Consultant
0412 840 222
Enquiry Form

Albury, NSW

200-208 North Street

  • Sold Price: Contact Agent

This property was sold as part of Portfolio 152

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