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421 Townsend Street
Albury NSW 2640
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Sold on 26 Mar 2025

421 Townsend Street Albury NSW 2640

  • Shop & Retail
  • 396 m²
  • Sold

Affordable Fast-Food Freehold

    Burgess Rawson together with Dixon Commercial are pleased to offer to market the Hungry Jack's located at 421 Townsend Street, Albury NSW 2640 for sale via Portfolio Auction.

    This property investment highlights included:

    + Brand new 10 year lease to 2035
    + Important 10 year options (x4) through to 2075
    + Annual CPI rent reviews
    + Investor preferred net lease terms with tenant paying usual outgoings as per the lease
    + Leading Riverina franchisee with 12 stores & growing
    + As new 396sqm* building constructed 2019 with depreciation benefits
    + 1,979sqm* CBD site opposite McDonald's, close to Coles anchored West End Plaza
    + Important 28 on-site car spaces
    + Hume Street (Riverina Hwy) is a major connector road through the Albury CBD, linking Wodonga (southside), West Albury (west end), North and East Albury (via Young Street)
    + Albury/Wodonga: current trade catchment circa 100,000, with population forecast to soar by 24% to more than 120,000 by 2036
    + Net Income $173,047 pa* + GST

    For Sale via Portfolio Auction Investment 175
    10.30am (AEDT) on Wednesday 26 March 2025
    Crown Casino, Melbourne VIC

    Burgess Rawson
    Raoul Holderhead | 0413 860 304
    Geoff Sinclair | 0451 462 759
    Beau Coulter | 0413 839 898

    Dixon Commercial Real Estate
    Oscar Dixon | 0408 212 299
    Andrew Dixon | 0417 516 531

    * Approx

    AUCTION

    Auction date and time26/03/2025 10:30
    Auction locationCrown Casino - River Room - Melbourne
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold26 Mar 2025
    Floor Area396 m²
    Land Area1,979 m²
    ParkingAsk Agent
    Property ID2019816130
    Category
    Last updated  31 Mar 2025
    Map for 421 Townsend Street Albury NSW 2640

    Nearest transport* to 421 Townsend Street Albury NSW 2640

    Bus
    Train
    Tram
    Ferry
    West End Plaza, Smollett St211 m
    K-Mart Car Park/Smollett St (Albury (NSW))219 m
    Wodonga Pl/Smollet St (Albury (NSW))231 m
    Smollett St Before Wodonga Pl233 m
    This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
    *Within a 4km radius
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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Date Sold26 Mar 2025
    Floor Area396 m²
    Land Area1,979 m²
    ParkingAsk Agent
    Property ID2019816130
    Category
    Last updated  31 Mar 2025

    Co-Agents

    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304
    Beau Coulter
    Burgess Rawson VIC Pty Ltd
    Call
    0413 839 898
    Geoff Sinclair
    Burgess Rawson Sydney
    Call
    0451 462 759
    Dixon Commercial Real Estate
    Call
    0408 212 299

    More about 421 Townsend Street Albury NSW 2640

    421 Townsend Street Albury NSW 2640 is categorized as Shop & Retail Property. It has a floor area of 396 m² and a land area of 1,979 m². The listing ID for this property is 2019816130.

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