594 David Street, Albury

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594 DAVID STREET, ALBURY

Established Tenant Investment

Features at a glance

Leased to one of Albury’s standout accounting firms, 594 David Street is a premier investment opportunity now on the radar of astute investors. Perfectly positioned in the heart of Albury’s vibrant business district, this fully leased property offers both immediate rental income and strong long-term appeal.

Set on a generous 1,019m² (approx.) allotment, the impeccably maintained red brick building boasts excellent street presence, high visibility, and convenient access.

Surrounded by established professional services and just moments from cafes, retail precincts, and public transport, this is truly a blue-chip location for commercial investors.

Property Highlights:

• Light-filled private office suites

• Welcoming reception and large waiting area

• Mixture of open plan offices and private rooms

• Fantastic large dedicated boardroom

• Dedicated staff amenities including a kitchen and accessible bathroom

• Off-street parking for clients and staff

Lease Details:

• Rent: 58,968.00 + GST p.a.

• Term: 1 September 2023 – 31 August 2026

• Option: 1 x 3-year renewal option

• Outgoings: 100% paid by tenant

• Reviews: CPI annually, market review at commencement of option period

• Tenant: Cumulus Partners

Outgoings – Tenant pays 100% of all outgoings

• Insurance: $1,937.00 p.a.

• Council Rates: $8,111.00 p.a.

• Water Rates: $795.00 p.a.

For further details or to arrange an inspection, please contact Lachlan Hutchins 0457 888 212 or Kristian Hopwood 0473 888 821.

ADDRESS: 594 David Street, Albury

EXPRESSIONS OF INTEREST: Tuesday Close 22nd July at 12:00pm

Land: 1,019m2 (approx.)

Net income $58,968 p.a. + GST

Fully leased to Cumulus Partners

Floor plan

Features at a glance

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