342 Rau Street, East Albury Prominent Corner Site THREE ONE ONE AGENT: Kristian Hopwood 0473 888 821 Geoff Stean 0413 888 788
Successful trading businesses for over 10 years
Features at a glance
$3,430 p/a (approx.)
• Walking distance to Albury CBD and train station
Property Details
• Rita’s Café – 06.12.2020 – 05.12.2023 + 3 (three) years - $11,360.28
The large 696m2 (approx.) block benefits from dual street frontage to Rau Street and Schubach Street. This prominent corner property comprises brick construction and has 3 (three) leases attached to the property.
The home offers a main living zone, separate dining, and kitchen plus three bedrooms, a laundry, and a family bathroom with a segregated toilet. Outside offers an attached carport and additional off-street
• 696 m2 (approx.)
Propertyparking. details:
• 2 (two) commercial & 1 (one) residential tenancies
Tenants Details:
Water and sewerage rates $860 + consumption p/a (approx.)
• High exposure corner site
• Hair Society – 06.12.2020 – 05.12.2023 + 3 (three) years - $27,830.04
This prominent corner site is the heartbeat of the community with successful trading businesses for over 10 years. In addition to the two commercial tenancies, there is a 3-bedroom, 1-bathroom home attached (currently under a periodic lease).
CouncilOutgoingsrates
• Fully leased investment returning $52,710 p/a
On behalf of Stean Nicholls Real Estate, Kristian Hopwood is pleased to offer for sale 342 Rau Street, East Albury via public auction Friday 14th October.
• Residential Tenancy – Periodic - $13,520 ($260 p/week)
Zoning: R1 Residential
Title: LOT 1 Section C Plan DP 12801
Planning authority: Albury City Council
Sale Process: Auction
• R1 General Residential
Maintaining one of Albury’s best real estate positions just a short walk to parks, and the social buzz of Dean Street. A prime position that benefits from early morning commuters. The location is approx. 320 kilometres Northeast of Melbourne and approx. 553 kilometres South East of Sydney in Southern New South Wales.
Hume3kms Highway Albury6kms Airport Albury5kms CBD Wodonga10kms CBD Sydney520kms Melbourne320kms Location
The Albury City Council is underpinned by their Community Strategic Plan called Towards Albury 2050. Towards Albury 2050 provides a long-term approach and plan for the future of the community. The plan is structured under four strategic directions or themes – A Growing Sustainable Economy, An Enhanced Natural Environment, A Caring Community and A Leading Community. For more information, you can visit Thehttps://www.alburycity.nsw.gov.au/council/future-planning/albury-2050CityofAlbury,locatedinWiradjuricountry,hasabustlingeconomy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities. Albury has a cosmopolitan feel that reflects a unique multicultural heritage.
500 km to Sydney and 300 km to Melbourne, Albury is considered a major transport link between NSW and VIC, both road and railway. With 46 major projects underway, the Albury-Wodonga region is a growing, vibrant, and tranquil destination where locals and visitors can find time to stop, relax, unwind, and explore.
Around The Area
Albury is a major regional city in New South Wales, located on the Hume Highway on the Northern side of the Murray River, while its twin sister Wodonga lays on the southern side of the Murray River in Victoria. Albury has an urban population of over 50,000 and a combined population of over 90,000 residences with LocatedWodonga.just
Floor Plan
The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.
The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.
GST Disclaimer Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.
Disclaimer
The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.
The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure: All areas, measurements, boundaries, building outgoings and rents are approximate only and subject to final confirmation;
STEAN NICHOLLS REAL ESTATE Suite 1, Unit 19, 669 Dean Street, ALBURY NSW 2640 P: (02) 6021 5233 E: realestate@steannicholls.com.au W: www.steannicholls.com.au
