342 Rau Street,
East Albury, NSW 2640
Shops & Retail
Price information
Sold
$890,000
Key property information
Land area
Floor area
Tenure type
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Map of 342 Rau Street
Invest In Old East Albury - Open for inspection Friday 12:30-1pm
- High Exposure Corner Site
- Fully leased investment
- 2 commercial & 1 residential tenancy
This prominent corner site is the heartbeat of the community with successful trading businesses for over 10 years. In addition to the two commercial tenancies, there is a 3-bedroom, 1-bathroom home attached (currently under a periodic lease).
Tenancy 1 (one) is a well-known café that has been serving the area coffee and breakfast for the last 10 years and has built up a strong reputation and clientele.
Tenancy 2 (two) is an experienced hair salon that operates 6 days per week.
The home offers a main living zone, separate dining, and kitchen plus three bedrooms, a laundry, and a family bathroom with a segregated toilet. Outside offers an attached carport and additional off-street parking.
Situated in the highly sought-after area of Old East Albury and surrounded by tree lined streets, this investment property is not to be missed. Within walking distance to parks, tennis courts and the Albury CBD, this home and investment property will attract astute investors.
The property features:
• High exposure corner site
• 696m2 (approx.)
• 2 (two) commercial & 1 (one) residential tenancies
• Walking distance to Albury CBD and train station
• R1 General Residential
• Fully leased investment returning $52,710 p/a (approx.)
Tenancy 1 (one) is a well-known café that has been serving the area coffee and breakfast for the last 10 years and has built up a strong reputation and clientele.
Tenancy 2 (two) is an experienced hair salon that operates 6 days per week.
The home offers a main living zone, separate dining, and kitchen plus three bedrooms, a laundry, and a family bathroom with a segregated toilet. Outside offers an attached carport and additional off-street parking.
Situated in the highly sought-after area of Old East Albury and surrounded by tree lined streets, this investment property is not to be missed. Within walking distance to parks, tennis courts and the Albury CBD, this home and investment property will attract astute investors.
The property features:
• High exposure corner site
• 696m2 (approx.)
• 2 (two) commercial & 1 (one) residential tenancies
• Walking distance to Albury CBD and train station
• R1 General Residential
• Fully leased investment returning $52,710 p/a (approx.)
Additional information
External websites
Property ID: 504164371Last Updated: 21 Dec 2022
342 Rau Street
East Albury, NSW 2640
Stean Nicholls - AlburySuite1 19/669 Dean Street
ALBURY, NSW 2640
ALBURY, NSW 2640
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