545 Union Road

North Albury NSW 2640

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› 545 Union Road, North Albury NSW 2640

Sold on 10 Dec 2024

545 Union Road North Albury NSW 2640

Shop & Retail
810 m²
Sold

Renewed 5 Year Lease, Long Established Proven IGA Freehold Since 1990

Burgess Rawson in conjunction with Dixon Commercial Real Estate are delighted to present the Norris Park IGA supermarket at 545 Union Road, North Albury NSW for sale via Investment Portfolio Auction 173.

+ Renewed 5 year lease plus options through to 2048
+ Annual CPI rent reviews
+ Tenant pays all usual outgoings including insurance & land tax
+ Modern 810sqm* supermarket, established 1990, extended 2007 with usual departments including liquor & fuel
+ 2,680sqm* freehold site with 106 metre* dual street frontage
+ Important 24 on-title car spaces
+ Union Road, major east-west link connecting Albury northern suburbs with the Hume Hwy
+ Albury/Wodonga: current trade catchment circa 100,000, with population forecast to soar by 24% to more than 120,000 by 2036
+ Net Income: $164,713 pa* + GST

For Sale via Portfolio Auction Investment 173
10.30am (AEDT) on Tuesday 10th December 2024
Yallamundi Room, Sydney Opera House

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

AUCTION

Auction date and time	10/12/2024 10:30
Auction location	Yallamundi Rooms, Sydney Opera House

Burgess Rawson VIC Pty Ltd

Level 20, 150 Lonsdale Street

Melbourne, VIC 3000

Property Highlights

Date Sold	10 Dec 2024
Floor Area	810 m²
Land Area	2,680 m²
Parking	Ask Agent
Property ID	2019636657
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	11 Dec 2024

Map for 545 Union Road North Albury NSW 2640

Nearest transport* to 545 Union Road North Albury NSW 2640

Bus

Train

Tram

Ferry

Union Rd after John Ct	33 m
Union Rd opp John Ct	47 m
Union Rd at John Ct	70 m
Diggers Rd at Union Rd	140 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	10 Dec 2024
Floor Area	810 m²
Land Area	2,680 m²
Parking	Ask Agent
Property ID	2019636657
Category	Shop & Retail Medical / Consulting Showrooms / Bulky Goods
Last updated	11 Dec 2024

Co-Agents

Raoul Holderhead

Burgess Rawson VIC Pty Ltd

Call

0413 860 304

Geoff Sinclair

Burgess Rawson Sydney

Call

0451 462 759

Andrew Dixon

Dixon Commercial Real Estate

Call

0417 516 531

Oscar Dixon

Dixon Commercial Real Estate

Call

0408 212 299

More about 545 Union Road North Albury NSW 2640

545 Union Road North Albury NSW 2640 is categorized as Shop & Retail Property. It has a floor area of 810 m² and a land area of 2,680 m². The listing ID for this property is 2019636657.