Property Sells After Auction

Seasons change as Border furniture maker’s warehouse sells soon after auction

STORY ACCREDITATION: The Borer Mail, May 30 2025 | WRITER: Beau Greenway

A large crowd gathered for the auction of an industrial warehouse on Fallon and Calimo streets in North Albury on Friday, May 30. Picture by Mark Jesser

A large crowd gathered for the auction of an industrial warehouse on Fallon and Calimo streets in North Albury on Friday, May 30. Picture by Mark Jesser

A warehouse in a prominent Border industrial estate found a new owner moments after auction.

The 1549-square-metre property on the corner of Fallon and Calimo streets in North Albury, which boasts a 780-square-metre warehouse, was snapped up for $800,000 on Friday, May 30.

Bidding started with a vendor’s offer placed by Dixon Commercial Real Estate auctioneer Oscar Dixon at $750,000.

It was eventually beaten by a rise to $755,000, but no further bids were taken and the property was passed in.

A sale price of $800,000, plus GST, was agreed upon with a Border investor shortly after proceedings.

The property was owned by Garry and Michelle Rutland, who operated custom furniture venture Seasons Furniture at the site.

“It was a great result for vendor and purchaser,” Dixon Commercial Real Estate director Andrew Dixon said.

“The vendor was very happy. He is retiring from business as a cabinetmaker, and the buyer of the property has bought it to lease it out.

“They’ll be actively looking for tenants for the building over the next period of time.”

Dixon Commercial Real Estate's Andrew and Oscar Dixon wait for bids to be put forward for a North Albury warehouse on the corner of Fallon and Calimo streets. Picture by Mark Jesser

Dixon Commercial Real Estate’s Andrew and Oscar Dixon wait for bids to be put forward for a North Albury warehouse on the corner of Fallon and Calimo streets. Picture by Mark Jesser

The warehouse has an open-plan layout with four separate roller doors, a showroom facing Fallon Street, multiple offices, a mezzanine area for storage, and men’s and women’s toilets.

It also boasts solar power and is easily accessible for trucks and trailers due to its concreted yard at the rear.

Oscar Dixon said the North Albury industrial estate had a low vacancy rate, and it was rare to see properties on the market in this part of the city.

“The market continues to perform exceptionally well,” he said.

“We’ve seen businesses grow across the board. Builders, plumbers, cabinetmakers and electricians who once operated out of their sheds or trailers are reaping the rewards of the population growth.”