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624 Young Street, Albury, NSW, 2640

Properties / Buy / New South Wales / Albury

Tenanted Investment

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1. Property Summary

Selling Method

EOI

Selling Details

Closing Wednesday 8 November at 3pm (AEDT)

Land Area

1,897 m² (*approx)

Floor Area

1897 m² (*approx)

Property Type

Retail

Sub-type

Service Station

Terms

Attractive 10 year & 5 year lease with options

Est. Income

$208,298 p/a

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2. Property Highlights

The Petroleum Portfolio

1897m²* corner site
Favourable zoning
Fuel infrastructure, retail, & rug shop

Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 624 Young Street, Albury. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.

This property represents a secure investment in a prime regional location and offers the following key investment highlights:

• Strategic 1,897m²* corner site

• Favourable MU1 Mixed use zoning

• Fuel infrastructure (5 bowsers & 40 pumps), retail shop and rug shop

• Attractive 10 year & 5 year lease with options

• Total Gross passing income of $208,298* per annum with fixed rental growth

The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*approx

Remember to mention you found this property on CommercialReady

Property Type

Retail

Sub-type

Service Station

Est. Income

$208,298 p/a

Terms

Attractive 10 year & 5 year lease with options

Land Area

1,897 m² (*approx)

Floor Area

1897 m² (*approx)

Selling Method

EOI

Selling Details

Closing Wednesday 8 November at 3pm (AEDT)

2. Property Highlights

The Petroleum Portfolio

1897m²* corner site
Favourable zoning
Fuel infrastructure, retail, & rug shop

This property represents a secure investment in a prime regional location and offers the following key investment highlights:

• Strategic 1,897m²* corner site

• Favourable MU1 Mixed use zoning

• Fuel infrastructure (5 bowsers & 40 pumps), retail shop and rug shop

• Attractive 10 year & 5 year lease with options

• Total Gross passing income of $208,298* per annum with fixed rental growth

The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

*approx

Remember to mention you found this property on CommercialReady

624 Young Street, Albury, NSW, 2640 Albury

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Colliers - Sydney West

8 Parramatta Square, Level 50/10 Darcy St, Parramatta NSW 2150

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Matthew Meynell

+61 *** *** *** show +61 413 988 878

Jordan McConnell

+61 *** *** *** show +61 419 990 295

Industrial

Retail

Child/Healthcare

Hotel/Leisure

Offices

Farming

Other

624 Young Street, Albury, NSW, 2640