PRD Albury-Wodonga Suite 3, Ground Floor, 429 Swift Street Albury, NSW, 2640 02 6021 0442
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4 / 526 Macauley Street
albury
NSW, 2640

SOLD

Sold for $1,150,000

listing parking 4
Land: 958 sqm Property: 263 sqm

CORPORATE OFFICE SPACE IN THE ALBURY CBD

As part of the strata in this meticulously designed and handcrafted modern building, Suite 4 is located on the first floor and offers:

- A commercial office area of 263 square metres (as per registered strata plan).
- Currently fit out with reception, offices, board room, open plan workstation areas and kitchen.
- Additional 58 square metres of external balconies.
- Southerly aspect to the surrounding mountains and over the eastern end of the Albury CBD.
- Common area ground floor and first floor amenities, including shower and disabled toilet.
- One lift and one set of stairs from the ground floor to the first floor.

Tenancy details:
- Leased to Win Television VIC Pty Ltd to 30th November 2026.
- Current rental of $71,070 per annum plus GST plus outgoings.
- Rental increases take place on 1st December annually.
- Option to renew lease for one (1) further period of two (2) years.
- Four (4) secure undercover on site car parking spaces.

Outgoings:
- The following budgeted outgoings are paid by the Lessee as per the lease.
- Budgeted outgoings are approximately $15,365.46 per annum consisting of:
1. Council Rates: currently $3,496.75 per annum plus GST
2. Water Rates: $527.18 per annum (based on last three (3), four monthly levies)
3. Body Corporate Levy $16,140 including GST per annum (or $4,035 including GST per quarter)
4. No land tax applicable for the current owner.
5. Lessor's management fees on rent and outgoings.

The building offers:
- A prime location in the heart of the Albury CBD.
- An energy efficient and sustainable property with a 5.5 star NABERS rating.
- Welcoming foyer with Lessee directory and internal / external building signage.
- Two street frontages of Macauley Street and Spencer Street.
- Full security (CCTV and Access Control) and 24/7 monitoring.
- High quality mix of owner occupiers within the building include Insight Building Design Group (Suite 2) and Wright Group (Suite 3).
- Commercial tenancies on the ground floor being Scott James Builder and iPermit Building Approvals.
- Strata management by Albury Community Strata.

Inclusions as per the Contract of Sale, which outlines the following Lessor's fixtures to be provided with the sale:
- office partitioning
- workstations
- reception
- tables
- chairs
- credenza
- cabinetry
- fridge

Exclusions:
- Lessee's computers
- Lessee's servers

For Sale: $1,200,000 (no GST as sold as a going concern)
Contract of sale available on request.

For more information or an inspection of Suite 4, First Floor / 526 Macauley Street, please contact Kate Stevens on 0438 254 334 or email kate.stevens@prdalbury.com.au to allow us to arrange by appointment with the Lessee.

Agents

About albury

median House price

930000

suburb growth

5.7%

median House rent

550

suburb rental yield

3.1%
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Source: Suburb Flyover Report Series, APM Pricefinder. PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the Information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material. Prepared by PRD Research © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed.

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