3/320 Urana Road, Lavington

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URANA ROAD, LAVINGTON

Executive Summary

3/320 Urana Road, Lavington

Stean Nicholls Commercial is delighted to present an exceptional opportunity to acquire a premium mixed-use property at 3/320B Urana Road, Lavington. Situated on one of the area’s busiest roads, this highly sought-after location offers unparalleled access with major connection between Thurgoona and Albury.

This institutional-grade asset offers remarkable versatility. Opportunities of this calibre are exceedingly rare in the Lavington market, which has seen a scarcity of high-quality offerings in recent years.

The property’s strategic position and robust fundamentals are further bolstered by significant infrastructure investments in the Lavington region, making 3/320B Urana Road an outstanding choice for investors seeking a blue-chip asset in a thriving locale.

For further information or to organise an inspection, please contact Kristian Hopwood.

Property

Address

3/320B Urana Road, Lavington NSW 2641

Lot Lot 1 SP 63247

Total Building Area

257 sqm approx

Car Parks

Street parking available

T: (02) 6021 5233 M: 0473 888 821 E: kristian@steannicholls.com.au

Executive Summary

Previous Tenants Details

This location holds Albury Salon World who have been occupying this property since 2017. Albury Salon World is a local wholesaler of Hair Dressing and Salon supplies for locally run businesses.

Outgoings

Council rates

Water and sewerage rates

Body Corporate fees

$1,750.04 pa

$440.00 pa + consumption

$4,748.00 pa

Zoning MU1 - Mixed Use

Planning authority

Albury City Council

Sale Process

Highlights

Lavington, the largest suburb in Albury, New South Wales, is a thriving commercial hub with substantial opportunities for businesses. Strategically located near the Hume Freeway, it boasts excellent transport connectivity and access to major freight corridors. The suburb offers a diverse range of commercial real estate, including retail spaces, industrial warehouses, office complexes, and development sites. Key commercial areas include Lavington Square Shopping Centre, precincts along Wagga Road and Urana Road.

Transport

• 3.5Kms from Hume Highway on/off ramp

• 4.5kms from Albury CBD

• 6kms from Albury Airport

• 14kms from Wodonga CBD

• 330kms from Melbourne CBD

• 550kms from Sydney CBD

• 1,363kms from Brisbane CBD

• 867kms from Adelaide CBD

Site Stats

• Shared hard stand area for efficient truck, delivery and customer movements

• Total Site Area - 257 sqm

• Total Building Area – 257 sqm approx

• Car Parks – Street parking available

REGION STATS

• Albury/Wodonga $16.439B in gross area output

• Albury/Wodonga population 101,793

• Largest industry sector is manufacturing

Building Specifications

The land is presently improved with a showroom/retail outlet building. A large showroom, followed by generous workspaces, convenient kitchen, toilets, and store room out the back. At the rear, is a shared loading dock area with 1x roller door to Gogoll Lane.

Access to the property is provided along Urana Road, with another access point for deliveries at the Gogoll Lane entry. The access crossovers provide movement through the site along concrete hardstand surfaces and to the internal loading area, with back laneway shared with surrounding tenants.

Car parking is accessible on the street along the front of the property with two access points from Urana Road and off Griffith Road.

STRUCTURE

• Boasts a well presented façade with fantastic exposure onto Urana Road

• Large open retail/showroom space at the front

• Generous back room area with kitchenette and rest room available

• Ample storage with back store room and flexibility to create storage space

• Access to rear loading area for deliveries

SAFETY

• Alarm system throughout the property

• Internal & External Lighting

• Fire & Emergency throughout.

CONVENIENCES & POWER SUPPLY

• Storage space

• High clearance roller door

• Full accessibility compliant bathrooms with toilet

• Back shared loading dock with street parking out front – two points of entry

ACCESSIBILITY

• The premises is located on the highly accessible street, Urana Road, with street parking accessible front of the building for easy access.

• Access to property from back laneway off Griffith Road for Deliveries to be made to the back of the property or as a secondary access point.

• Easy access from the Hume Highway (Union Road on/off ramp)

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 57,000 and a combined population of over 100,000 residences with Wodonga.

Located just 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.

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 https://www.alburycity.nsw.gov.au/council/future-planning/ albury-2050

The City of Albury, located in Wiradjuri country, has a bustling economy, 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.

steannicholls.com.au 02 6021 5233 Suite 1, Unit 19, 669 Dean Street, Albury

Disclaimer

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.

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;

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.

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.

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