826 Hope Court, North Albury, NSW 2640

Industrial

Sold Contact Agent

  • Property ID: 428543
  • Floor Area: 650m²
  • Land Area: 1470m²
  • NBN Availability: Service Available - Fibre to the node (FTTN)
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 22/06/2023 650m2 1470m2 Contact Agent
SECURELY LEASED INVESTMENT TO MULTI-NATIONAL ENTITY

Dixon Commercial Real Estate are pleased to offer for sale 826 Hope Court, North Albury via public auction on Friday 21 April at 2.30pm on-site.

The 650 sqm showroom/warehouse is positioned on a site of approximately 1,470 sqm, and is offered for sale subject to a lease to Beijer Ref Australia.

The parent company Beijer Ref is one of the world's largest global refrigeration wholesalers. The group comprises approximately 70 subsidiaries across 42 countries. With around 450 branches the group employs approximately 4,500 employees and has over 100,000 customers.

Lease details are as follows:
Tenant: Beijer Ref Australia Pty Ltd
Lease: Three (3) years commencing 27 August, 2022
Option: Three (3) years
Rent: $44,340.60 per annum (plus GST and outgoings)
Rent Reviews: Annual CPI Increases

This offering represents a rare opportunity to acquire a securely leased investment in a tightly held industrial location.

Terms: 10% deposit, balance 60 days.

For more information or to request a copy of the Information Memorandum, please contact the Sales Agents below.

North Albury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $92 ---
Offices --- $67 ---
Retail --- $94 ---
This is the average advertised price, rent and yield for North Albury, NSW 2640*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Industrial in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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