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Residential Unit Complex, 521-527 Cowper Street, ALBURY, NSW, 2640

+6 Photos

+8 Photos

SOLD

Residential Unit Complex, 521-527 Cowper Street, ALBURY, NSW, 2640

Properties / Sold / New South Wales / Albury

Tenanted Investment

1. Property Summary

Selling Method

Auction

Selling Details

Price on Request

Land Area

1,185 m² (*approx)

Floor Area

42 m² (*approx)

Property Type

Other, Land, Hotel/Leisure, Child/Healthcare

Show All

2. Property Highlights

16 Residential Apartments on One Title

Fully let, strong occupancy history
Albury unit price up 25%**
Future subdivision/on-sale (STCA)

16 immaculately presented one bedroom residential apartments on one title.

Fully occupied residential complex with leases as long as 10 years.

Large 1,185sqm R1 (General Residential) zoned landholding with 36 metre street frontage.

Situated in an established residential area within 350 metres of Mercy Hospital, Albury TAFE and Albury Commercial Golf Resort.

Easy access to Dean Street and the Albury CBD.

Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036**.

Residential demand in Albury is up 290% since March 2020 (views per listing for sale) and Albury’s median apartment price has increased 25.5% in the last 5 months.*

Potential for future subdivision and on-sale (STCA).

Estimated Net Income: $130,332 pa

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021

Crown Casino, Melbourne VIC

*realestate.com.au

**.id

Remember to mention you found this property on CommercialReady.com.au

Property Type

Other, Land, Hotel/Leisure, Child/Healthcare

Land Area

1,185 m² (*approx)

Floor Area

42 m² (*approx)

Selling Method

Auction

Selling Details

Price on Request

2. Property Highlights

16 Residential Apartments on One Title

Fully let, strong occupancy history
Albury unit price up 25%**
Future subdivision/on-sale (STCA)

16 immaculately presented one bedroom residential apartments on one title.

Fully occupied residential complex with leases as long as 10 years.

Large 1,185sqm R1 (General Residential) zoned landholding with 36 metre street frontage.

Situated in an established residential area within 350 metres of Mercy Hospital, Albury TAFE and Albury Commercial Golf Resort.

Easy access to Dean Street and the Albury CBD.

Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036**.

Residential demand in Albury is up 290% since March 2020 (views per listing for sale) and Albury’s median apartment price has increased 25.5% in the last 5 months.*

Potential for future subdivision and on-sale (STCA).

Estimated Net Income: $130,332 pa

For Sale by Investment Portfolio Auction

10:30am (AEST) Wednesday 12 May 2021

Crown Casino, Melbourne VIC

*realestate.com.au

**.id

Remember to mention you found this property on CommercialReady.com.au

Tenanted Investment