3/518 Macauley Street, Albury
ENTRY-LEVEL CBD COMMERCIAL INVESTMENT
Dixon Commercial Real Estate is pleased to offer 3/518 Macauley Street for Auction on Friday 9 October at 2:30pm - presenting an ideal entry point for first-time commercial investors or established investors looking to diversify their portfolio.
This is a fantastic opportunity to secure an established, income-producing commercial asset in the heart of Albury.
Positioned just off Dean Street, the property benefits from a central CBD location with direct access to ample car parking. The immaculately maintained premises features an open-plan showroom/retail space plus amenities, providing a versatile configuration for a range of future retail or commercial uses (STCA).
Investment highlights:
- Current rental income of $32,298 per annum plus GST and outgoings.
- Established tenant: Statewide Sewing Centre.
- Lease commenced 1 July, 2018 5-year lease with two (2) further 5-year options.
- Opportunity for rental growth over time.
- Building area of approximately 188 square metres.
3/518 Macauley Street is an affordable entry into commercial property ownership, with an established tenant, secure income and a strategic CBD location.
Terms: 10% deposit, balance 60 days
This is a fantastic opportunity to secure an established, income-producing commercial asset in the heart of Albury.
Positioned just off Dean Street, the property benefits from a central CBD location with direct access to ample car parking. The immaculately maintained premises features an open-plan showroom/retail space plus amenities, providing a versatile configuration for a range of future retail or commercial uses (STCA).
Investment highlights:
- Current rental income of $32,298 per annum plus GST and outgoings.
- Established tenant: Statewide Sewing Centre.
- Lease commenced 1 July, 2018 5-year lease with two (2) further 5-year options.
- Opportunity for rental growth over time.
- Building area of approximately 188 square metres.
3/518 Macauley Street is an affordable entry into commercial property ownership, with an established tenant, secure income and a strategic CBD location.
Terms: 10% deposit, balance 60 days
overview
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1P3211
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Retail
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Sold
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3/518 Macauley Street Albury NSW
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188 sqm