We acknowledge the original custodians of these lands. The people of the rivers and the hills have walked these lands for thousands of years as well as today, and we pay respects to the elders of the past, present and emerging.
Executive Summary
476 Hume Street Albury, NSW 2640
On behalf of our valued client, Stean Nicholls Commercial has the pleasure in exclusively offering to market the extremely rare opportunity to acquire a mixed-use premise located on one of Albury’s busiest crossroads.
This asset presents a rich opportunity that includes complete flexibility on property usage with the previous tenants staying on location for 17 years. 476 Hume Street is a highly sought location with minimal opportunities arising.
A Bluechip location that provides exceptional access to the Hume Highway, Australia’s major inter-city national highways, running for 840 kilometres between Melbourne in the southwest and Sydney in the northeast. This highquality institutional grade offering is extremely rare in the Albury marketplace which has been absent of quality opportunities in quite some time.
The strong underlying fundamentals of property in Australia, coupled with the Albury’s substantial infrastructure investments, makes 476 Hume Street Albury a highly sought-after investment opportunity.
For further information or to organise an inspection, please contact Kristian Hopwood.
Executive Summary
Previous Tenants Details
This location held ARB 4x4 Accessories who were occupied at this property since October 2007. ARB are Australia’s largest manufacturer and distributor of 4×4 accessories
Outgoings
Council rates
Water and sewerage rates
Strata fees
$9,330.07 + GST per annum (approx.)
$796.23 + GST + consumption (approx.)
$1,027 + GST (approx.)
Zoning MU1 - Mixed Use
Planning authority
Albury City Council
Sale Process
Forthcoming Sale
Terms: 10% deposit, balance 60 days.
Kristian Hopwood Commercial Manager
T: (02) 6021 5233
M: 0473 888 821
E: kristian@steannicholls.com.au
Highlights
Hume Street is geographically positioned 2km from the Hume Freeway on/off ramp, this strategic location is on Australia’s main transport corridor which allows for overnight delivery to 75% of the Australian population by either rail or road.
Transport
• 2kms from Hume Highway On/Off ramp
• 2.2kms from Albury CBD
• 5.5kms from Albury Airport
• 6.3kms from Wodonga CBD
• 325kms from Melbourne CBD
• 553kms from Sydney CBD
• 1,452kms from Brisbane CBD
• 859kms from Adelaide CBD
Site Stats
• Shared hard stand area for efficient truck, delivery and customer movements
• Total Site Area – 1,713 sqm
• Total Building Area – 840 sqm
• Roof Height – 6.25m
• Car Parks – 12
REGION STATS
• Albury/Wodonga $16.439B in gross area output
• Albury/Wodonga population 99,219 approx
• Largest industry sector is Manufacturing
Building Specifications
The land is presently improved with an industrial showroom/retail outlet building. A large showroom with double doors on the front and side ends of the building, followed by generous offices, comfortable kitchen, toilets, and storage areas to service major trades. At the rear, is the workshop serviced by 5 x large roller doors which gain access from either Hume Street or David Street.
All access to the property is provided along Hume Street, with another access point for deliveries at the David Street entry. The access crossovers provide movement through the site along concrete hardstand surfaces and to the internal parking areas, with back laneway shared with Suds City Carwash and KFC.
Car parking is provided along the surrounds of the building for tenant and customer comfort with two access points from Hume and David Street. The Hume Street frontage of the property include landscaping works complimenting the carpark, with grass surfaces and establishing shrubbery identified along each.
STRUCTURE
• Boasts a modern façade with fantastic exposure onto Hume Street
• Large open retail/showroom space at the front
• Generous office fitted with kitchen and toilets in the middle
• Ample storage areas along the ground floor and mezzanine level
• Warehouse (with 5 x high roller door access) at the rear
SAFETY
• Alarm system throughout the property
• Internal & External Lighting
CONVENIENCES & POWER SUPPLY
• 3 phase power available
• Warehouse storage and office area
• 5 x high clearance roller doors
• Full accessibility compliant bathrooms with toilet and shower
• Concrete driveway and on site parking with two access points
• Individual power & water metering
ACCESSIBILITY
• The premises is located on the highly accessible street, Hume Street, with 12 car parks surrounding the building for easy access.
• Access to property from back laneway off David Street for Deliveries to be made to the back of the property or as a secondary access point for the carparking.
• Easy access from the Hume Highway (Southern Albury 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 50,000 and a combined population of over 90,000 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.
Agent Details
Kristian Hopwood
Commercial Manager
T: (02) 6021 5233
M: 0473 888 821
E: kristian@steannicholls.com.au
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.