182-184 Borella Road

East Albury NSW 2640

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› 182-184 Borella Road, East Albury NSW 2640

Sold on 3 Aug 2022

182-184 Borella Road East Albury NSW 2640

Shop & Retail
1,574 m²
Sold

Affordable Freestanding Supermarket- Proven Performer

+Renewed Seven (7) year lease to 2028 plus options to 2042, with Metcash Guarantee
+Metcash: Leading wholesale Distribution company, sales circa $16 billion+ FY21, current market cap circa $4.30 billion
+Attractive net lease terms with tenant responsible for all usual outgoings as per the lease
+A super trading store well above percentage rental threshold
+As new, modern 1,534sqm* store, rebuilt in 2014 with usual full-line departments including liquor
+Substantial 3,509sqm* site over two titles with 44 convenient on site car spaces
+Located directly opposite the Albury Base Hospital, the second-largest regional health service in Victoria
+Albury/Wodonga is one of Australia's most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036**
+Albury Wodonga is Australia's 13th largest non-capital city
+The twin cities of Albury/Wodonga have a booming population of 100,435, with 7,673 businesses supporting 51,747 jobs***
+Net Income: $437,035pa + GST*

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 3 August 2022
Crown Casino - River Room

*approx
***id

AUCTION

Auction date and time	03/08/2022 10:30
Auction location	Crown Casino - River Room - Melbourne

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	3 Aug 2022
Floor Area	1,574 m²
Land Area	3,509 m²
Parking	Ask Agent
Property ID	2017900205
Category	Shop & Retail
Last updated	8 Aug 2022

Map for 182-184 Borella Road East Albury NSW 2640

Nearest transport* to 182-184 Borella Road East Albury NSW 2640

Bus

Train

Tram

Ferry

East St after Bilba St	192 m
East St opp Cadell St	220 m
Keene St opp Albury Base Hospital	319 m
Keene St before Cadell St	342 m

*Within a 4km radius

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Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	3 Aug 2022
Floor Area	1,574 m²
Land Area	3,509 m²
Parking	Ask Agent
Property ID	2017900205
Category	Shop & Retail
Last updated	8 Aug 2022

Co-Agents

Raoul Holderhead

Burgess Rawson VIC Pty Ltd

Call

0413 860 304

Kieran Bourke

Burgess Rawson Sydney

Call

0417 418 007

Oscar Dixon

Dixon Commercial Real Estate

Call

0408 212 299

More about 182-184 Borella Road East Albury NSW 2640

182-184 Borella Road East Albury NSW 2640 is categorized as Shop & Retail Property. It has a floor area of 1,574 m² and a land area of 3,509 m². The listing ID for this property is 2017900205.