SOLD
Sold on 01 Jul 2024 for $800,000

595 Smollett Street
Albury NSW 2640

Bedrooms: -
Bathrooms: -
Car spaces: 3
Land area: 535m2
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Property Details for 595 Smollett St, Albury

Building Type
Commercial
Land Size
535m2
Local Government
Albury City
Lot/Plan
B/DP154169

Last Listing description (November 2023)

Nestled in the heart of Albury's bustling central business district, this exquisite Albury Classic unveils a sophisticated ambiance, featuring three well-appointed consultation rooms, a warm and inviting waiting area, and a meticulously crafted reception space equipped with all essential amenities. Recently renovated to perfection, this office presents an unparalleled opportunity for astute investors and owner-occupiers seeking a distinguished business location in the medical field.

The property, strategically zoned as MU1 Mixed Use, not only ensures a seamless experience for clients with excellent off-street parking but also offers the added convenience of undercover parking at the rear for staff. With a generous land area exceeding 500 sqm, the potential for future development (subject to council approval) elevates this property into an irresistible prospect for investors and developers.
Beyond its functional charm, this property stands out for its prime location in Albury's CBD, offering proximity to a diverse range of amenities. Catering to the unique needs of medical, allied health, or professional services, it presents an unmissable opportunity to secure a prime location that seamlessly combines functionality, modernity, and the promise of future development.

Key highlights that make this property a standout investment:
Tailored for Medical, Allied Health, or professional services
Enviable central location in Albury's CBD
Convenient rear lane access off Reserve St
Impressive net lettable area of 204 sqm approx

Presented by Stean Nicholls Commercial in conjunction with Stanley + Martin, seize the opportunity to own 595 Smollett Street, Albury.

For further details or to schedule a viewing, reach out to Kristian Hopwood directly at 0473 888 821 or via email at kristian@steannicholls.com.au.

Property History for 595 Smollett St, Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$800,000
01 Jul 2024
  • 01 Jul 2024
    Sold for $800,000
  • 14 Oct 2023
    Listed for Sale Contact Agent
  • 26 Feb 2021
    Sold for $590,000
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About Albury 2640

The size of Albury is approximately 5.7 square kilometres. It has 17 parks covering nearly 30.8% of total area. The population of Albury in 2011 was 4,933 people. By 2016 the population was 4,795 showing a population decline of 2.8% in the area during that time. The predominant age group in Albury is 60-69 years. Households in Albury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Albury work in a professional occupation. In 2011, 57% of the homes in Albury were owner-occupied compared with 59.1% in 2016.

Albury has 4,029 properties. Over the last 5 years, Houses in Albury have seen a 68.75% increase in median value, while Units have seen a 113.69% increase. As at 30 November 2024:

  • The median value for Houses in Albury is $667,674 while the median value for Units is $468,553.
  • Houses have a median rent of $530 while Units have a median rent of $395.
There are currently 20 properties listed for sale, and 11 properties listed for rent in Albury on OnTheHouse. According to CoreLogic's data, 135 properties were sold in the past 12 months in Albury.

Suburb Insights for Albury 2640

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.