The freehold of 22 Volt Lane, Albury, is available for purchase via auctionan exceptional opportunity for both seasoned and first-time investors.
Scheduled for auction at 12:30 PM on Friday, 7th March 2025, this sought-after CBD property is tenanted by Directions Lifecare Support Services, a reputable and growing NDIS provider. Serving as their head office for the Albury/Wodonga region, the tenant commenced their lease in 2023 and has already exercised their option for an additional year.
Volt Lane Central offers unparalleled connectivity to Myer Centrepoint, Dean Street, AMP Lane, City Walk Arcade, and Westend Plaza. This vibrant, multi-use complex is home to prominent occupants, including the Australian Tax Office and Mantra Hotel, and features 563 on-site parking spaces along with a dedicated loading bay for ultimate convenience.
Don't miss this rare chance to invest in one of Albury's premier commercial hubs.
Key Highlights:
Income: $17,304 + GST + Outgoings
Size: 30 sqm of prime Net Lettable Area (NLA)
Outgoings: Fully covered by the tenant (100%)
Lease Terms: 2-year lease commencing 1st June 2023, plus a 1-year option
Status: The 1-year option has already been exercised
Terms: 10% deposit, balance 42 days.
To arrange an inspection, please contact Kristian Hopwood.