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545 Union Road
North Albury NSW 2640
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545 Union Road North Albury NSW 2640

  • Shop & Retail
  • 810 m²
  • Commercial Auction

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 frontage
    + Important 24 on-title car spaces
    + Union Road, major east-west link connecting Albury northern suburbs with the Hume Hwy
    + Albury/Wodonga: fast growing 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

    Add to Calendar
    Auction date and time10/12/2024 10:30
    Auction locationYallamundi Rooms, Sydney Opera House
    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area810 m²
    Land Area2,680 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019636657
    Category
     Shop & Retail
     Medical / Consulting
     Showrooms / Bulky Goods
    Last updated  14 Nov 2024
    Map for 545 Union Road North Albury NSW 2640

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    Burgess Rawson VIC Pty Ltd
    Burgess Rawson VIC Pty Ltd
    Level 20, 150 Lonsdale Street
    Melbourne, VIC 3000

    Property Highlights

    Floor Area810 m²
    Land Area2,680 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Property ID2019636657
    Category
     Shop & Retail
     Medical / Consulting
     Showrooms / Bulky Goods
    Last updated  14 Nov 2024

    Co-Agents

    Raoul Holderhead
    Raoul Holderhead
    Burgess Rawson VIC Pty Ltd
    Call
    0413 860 304
    Geoff Sinclair
    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

    Enquire about this property

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              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.

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