IGA, 545 Union Road,
North Albury, NSW 2640

Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting

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Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000

IGA, 545 Union Road

North Albury, NSW 2640

Map of IGA, 545 Union Road

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Renewed 5 Year Lease, Long Established Proven IGA Freehold Since 1990

Renewed 5 Year Lease
Tenant pays Outs Incl Land Tax
Includes Liqour and Fuel

Burgess Rawson in conjunction with Dixon Commercial Real Estate are delighted to present the Norris Park IGA supermarket at 545 Union Road, North Albury NSW for sale via Investment Portfolio Auction 173.

+ Renewed 5 year lease plus options through to 2048
+ Annual CPI rent reviews
+ Tenant pays all usual outgoings including insurance & land tax
+ Modern 810sqm* supermarket, established 1990, extended 2007 with usual departments including liquor & fuel
+ 2,680sqm* freehold site with 106 metre* dual street frontage
+ Important 24 on-title car spaces
+ Union Road, major east-west link connecting Albury northern suburbs with the Hume Hwy
+ Albury/Wodonga: current trade catchment circa 100,000, with population forecast to soar by 24% to more than 120,000 by 2036
+ Net Income: $164,713 pa* + GST

For Sale via Portfolio Auction Investment 173
10.30am (AEDT) on Tuesday 10th December 2024
Yallamundi Room, Sydney Opera House

Burgess Rawson
Raoul Holderhead | 0413 860 3...
Geoff Sinclair | 0451 462 7...
Beau Coulter | 0413 839 898

Dixon Commercial Real Estate
Oscar Dixon | 0408 212 2...
Andrew Dixon | 0417 516 5...

Property ID: 504737080Last Updated: 11 Dec 2024

Burgess Rawson - Sydney

Level 11.02, 9 Castlereagh Street
SYDNEY, NSW 2000