Issuu

785

M AT E S T R E E T NORTH ALBURY INFORMATION MEMORANDUM

Information Memorandum

Contents

Introduction 4 Executive Summary

The Property

Location 8 Outgoings 12 Sales Process

Information Memorandum

Introduction On behalf of Stean Nicholls Real Estate, Kristian Hopwood is proud to present to the market 785 Mate Street, North Albury. This parcel of land presents itself as an outstanding development opportunity (STCA) and will be Auctioned 10.30am Saturday 11th December. With close proximity to the area’s best amenities, this property easily connects to the Albury CBD, local parks and schools. For further information or to organise an inspection, please contact Kristian Hopwood directly on 0473 888 821 or kristian@steannicholls.com.au

Information Memorandum

Executive Summary Property:

785 Mate Street, North Albury, NSW, 2640

Property details: An exceptional opportunity to purchase a 2,280m2 parcel of land on Mate Street, North Albury. Features • 2,280m2 total (approx.) • Development opportunity (STCA) • Rear lane access • R1 General Residential Zoning • Excellent early learning, school, and further education options close by

Outgoings: Council rates Water and sewerage rates

$8,533 per annum (approx.) $852.45 per annum + consumption (approx.)

Zoning:

R1 General Residential Zone

Title:

LOT 1 & 2 Section B DP4100

Planning authority:

Albury City Council

Sale Process:

Auction

Information Memorandum

The Property 785 Mate Street is a large corner positioned Zoned as R1 general residential, the land on 2,280m2 (approx.) with frontage to Mate strongly encourages the development for a Street & Smith Street, North Albury. residential purpose. The site boasts a large street frontage to both Smith Street and Mate Situated within in Albury’s growth corridor sits Street. The property benefits from the rear this sensational block waiting for someone accessed through Muntz Lane. to develop (STCA) it. Whether you are developer, a builder or someone looking for You cannot underestimate the abundant a project, this is a rare opportunity! potential of this opportunity. Contact Kristian Hopwood to reserve your chance to capture Surrounded by the area’s best amenities, this this sensational opportunity. property easily connects to the Albury CBD, local parks and schools.

Information Memorandum

Location 785 Mate Street, North Albury is strategically located along Mate Street, feeding directly to major arterial Union Road, providing easy access to the Hume Freeway. The location is approx. 320 kilometres north east of Melbourne and approx. 553 kilometres south east of Sydney in Southern New South Wales.

1km Hume Highway

3.7kms Albury Airport

Albury CBD

8.1kms Wodonga CBD

553kms Sydney

320kms Melbourne

Information Memorandum

Location 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. Today Albury-Wodonga is a growing, vibrant, and tranquil destination where locals and visitors can find time to stop, relax, unwind, and explore. 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.

Information Memorandum

Outgoings Council rates:

$8,533 per annum + consumption (approx.)

Water and sewerage rates:

$852.45 per annum + consumption (approx.)

Sales Process 785 Mate Street is offered for sale by auction.

Vendors Agent Details Kristian Hopwood Commercial Manager +61 (0) 473 888 821 +61 2 6021 5233 kristian@steannicholls.com.au

Geoff Stean Director/Auctioneer/Sales Executive +61 (0) 413 888 788 +61 2 6021 5233 geoff@steannicholls.com.au

Information Memorandum

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.