316 & 318 Townsend St, South Albury, NSW 2640 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
ESR: $1,050,000 to $1,100,000

316 & 318 Townsend Street
South Albury NSW 2640

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 1256m2
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TWO PROPERTIES, ONE PREMIER LOCATION!

Set within South Albury's most sought-after residential enclave, 316 and 318 Townsend Street present a truly exceptional investment opportunity that seamlessly marries timeless architectural charm with contemporary convenience. These two adjoining properties showcase the enduring appeal of heritage-style living while delivering modern comforts.
At 316 Townsend Street, an intimate two-bedroom, one-bathroom home speaks to a bygone era of craftsmanship. The stunning ornamental fireplace serves as a captivating focal point, while the practical kitchen offers a gas cooktop providing functionality without compromising the vintage aesthetic. Split-system heating and cooling ensure year-round comfort for discerning tenants.
Adjacent, 318 Townsend Street, a three-bedroom residence, features generous living spaces that cater to families or professionals. This property features split system climate control and a well-appointed kitchen with gas cooking facilities. The thoughtful layout maximises every square metre, creating an inviting atmosphere that naturally appeals to quality tenants.
The true magic lies in their prime South Albury location, positioned within easy reach of the iconic Murray River precinct and Albury's central amenities. This sought-after area offers proximity to extensive riverside parklands, including Noreuil Park, the Albury Botanic Gardens, and Monument Hill, while being close to recreational highlights like Hovell Tree Park and the Yindyamarra Sculpture Walk. With convenient access to Dean Street's shopping and dining district and the bustling Albury CBD just minutes away, enjoy the perfect balance of riverside tranquillity and urban convenience.
Both properties are currently tenanted by exemplary residents, providing immediate rental returns while offering flexibility to explore future opportunities. Whether maintaining steady rental income or embarking on development (subject to council approval), the possibilities are diverse and promising.
The blend of old-world elegance and modern practicality creates an investment proposition, ensuring these properties will continue attracting quality tenants for years to come.
This rare offering represents more than just a real estate transaction – it's an invitation to become custodian of South Albury's architectural heritage while building long-term financial success.

Property Details for 316 & 318 Townsend St, South Albury

316 & 318 Townsend St, South Albury is a 5 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 1256m2. The place is currently for sale with First National Real Estate - Bonnici & Associates .

Building Type
BlockOfUnits
Land Size
1256m2
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About South Albury 2640

The size of South Albury is approximately 4.3 square kilometres. It has 14 parks covering nearly 7.5% of total area. The population of South Albury in 2016 was 1379 people. By 2021 the population was 1372 showing a population decline of 0.5% in the area during that time. The predominant age group in South Albury is 20-29 years. Households in South Albury are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Albury work in a professional occupation.In 2021, 39.50% of the homes in South Albury were owner-occupied compared with 40.10% in 2016.

South Albury has 1,224 properties. Over the last 5 years, Houses in South Albury have seen a 51.95% increase in median value, while Units have seen a 8.12% increase. As at 31 October 2025:

  • The median value for Houses in South Albury is $676,651 while the median value for Units is $220,276.
  • Houses have a median rent of $455 while Units have a median rent of $350.
There are currently 4 properties listed for sale, and 3 properties listed for rent in South albury on OnTheHouse. According to Cotality's data, 36 properties were sold in the past 12 months in South albury.

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Christian Clark
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Cameron Brooks
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First National Real Estate - Bonnici & Associates
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