Retail

Albury Convenience Centre

618 Young Street Albury, NSW Australia 2640
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income
Cap Rate N/A

Key Facts

Building Area

Property Description

Albury Convenience Centre is a newly opened premium daily-needs and convenience-based investment. The single level retail centre anchored by Harris Farm Markets and includes an Amart Furniture Showroom and Warehouse totaling 9,960 sqm. 



Located on the New South Wales and Victorian border is a major regional city comprising the cities of Albury and Wodonga. Situated on the border the two combine to form Australia’s 13th largest non-capital city with nearly 95,000 residents1. The major regional city is forecasted to achieve a population of over 126,000 by 2036 an average annual growth rate of 1.64%.


1Blog.id.com.au

Investment Highlights

  • Brand New Daily-Needs and Convenience Based Retail Investment
  • Secure Income Stream with a WALE (by area) of 9.88 years
  • Significant Depreciation Benefits – full refurbishment completed in 2020
  • Anchored by Harris Farm Markets’ Flagship store (Largest in their portfolio of 29 stores)
  • High-Profile 14,250sqm Corner site, situated in the heart of Albury-Wodonga
  • Fixed annual rent reviews, providing guaranteed income growth
  • Albury-Wodonga is Australia’s 13th largest non-capital city

For Sale by Expressions of Interest closing 4.00pm (AEST) Thursday 22nd April 2021

Last Updated Date: 24 Mar 2021
Stuart Taylor
Senior Director - Retail Investments VIC
Nick Willis
Senior Director, Capital Markets Transactions

Please enter your corporate email account in the email field. We may not be able to reply to your personal email account or free email address such as Gmail or Yahoo Mail.

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 24 Mar 2021

Do you have any questions?  Visit our FAQ page

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.