1/534 Olive Street, Albury, NSW 2640 sold on 04 August 2025 | OnTheHouse
SOLD
Sold on 04 Aug 2025 for $2,350,000

1/534 Olive Street
Albury NSW 2640

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 349m2
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Property Details for 1/534 Olive St, Albury

Building Type
Commercial
Land Size
349m2
Local Government
Albury City
Lot/Plan
1/SP106051

Last Listing description (September 2023)

Burgess Rawson and AW Commercial are pleased to offer to the market the Glue Store located in Albury NSW for sale via private treaty.

This opportunity has the following key investment highlights:

+ Brand new 7-year lease to September 2029 plus two (2) further five (5) year options through to 2039.

+ Accent Group Limited (ASX: AX1): Blue-chip $1 billion ASX300 company with over 800 stores across 26 different retail banners.**
+ Strong and certain income growth with fixed annual, compounding 3% increases.
+ Brand new 345sqm* retail store fitted out to the tenant's corporate layout and design offering significant depreciation benefits.
+ Versatile open lettable area with mezzanine storage and important rear lane access.
+ Adjoining the Albury Centrepoint Shopping Centre, a sub-regional SC anchored by a newly refurbished Woolworths and Myer supported by 50+ specialty tenants and over 670 car park spaces.***
+ High-profile CBD location, with Coles, ALDI, Kmart, Officeworks, Dan Murphy's, Target, Amart Furniture, JB Hi-Fi and The Good Guys all within 650 metres*.
+ Surrounded by important social infrastructure, including Albury Train Station, Albury-Wodonga Hospital and 12 schools within 3km servicing over 5,400 full time students.****
+ Households within a 5km radius contributed over $550 million to retail expenditure in 2022.****
+ Albury/Wodonga: the twin cities of Albury/Wodonga have a booming population forecast to soar by 24% to more than 120,000 by 2036.*****
+ Net Income: $157,536 pa* + GST

To be sold by Private Treaty.

*Approximately
**AFR
***Albury Centrepoint
****GapMaps
*****Forecast.id

Property History for 1/534 Olive St, Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$2,350,000
04 Aug 2025
  • 04 Aug 2025
    Sold for $2,350,000
  • 14 Aug 2023
    Listed for Sale Price on Request
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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 2016 was 4804 people. By 2021 the population was 4955 showing a population growth of 3.1% 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 $1800 - $2399 per month on mortgage repayments. In general, people in Albury work in a professional occupation.In 2021, 58.50% of the homes in Albury were owner-occupied compared with 59.10% in 2016.

Albury has 4,060 properties. Over the last 5 years, Houses in Albury have seen a 67.77% increase in median value, while Units have seen a 50.33% increase. As at 30 November 2025:

  • The median value for Houses in Albury is $769,491 while the median value for Units is $413,846.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 20 properties listed for sale, and 10 properties listed for rent in Albury on OnTheHouse. According to Cotality's data, 141 properties were sold in the past 12 months in Albury.

Suburb Insights for Albury 2640

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.