Stean Nicholls Commercial is pleased to present 104/425 David Street, Albury, a modern, low-maintenance freehold strata investment within The Hamilton, one of Central Alburys landmark mixed-use developments. Combining premium commercial suites with high-end residential apartments, The Hamilton offers a high-quality environment surrounded by leading regional operators in a tightly held CBD location. The property is currently leased for 12 months while the occupier completes its new premises, providing short-term income and flexibility for future use by investors or owner-occupiers. Zoned Mixed Use (MU1), it supports a wide range of commercial and professional applications, offering exceptional long-term potential in a market defined by strong population growth, economic resilience, and Alburys strategic position on the Melbourne to Sydney corridor.
Tenant Details:
Head lease to MLM, with the premises sublet to Flourish, a multidisciplinary allied health clinic providing chiropractic and complementary wellness services from Level 1 of The Hamilton at 425 David Street, Albury. The practice offers personalised, natural treatment focused on spinal health, pelvic support and nutrition, generating regular client visitation and aligning with the buildings broader health and professional services mix.
Outgoings (100% Recoverable):
Council rates $2,165.99 per annum (approx.)
Water and sewerage rates $603 per annum (approx.)
Strata fees $8,240.00 per annum (approx.)
Insurance $1,908.70 per annum (approx.)
Zoning Mixed Use (MU1)
Planning authority Albury City Council
Key features include:
Six well-appointed consultation rooms
Modern reception area and kitchenette with access to a south-facing balcony
Contemporary faade featuring a combination of brickwork and feature
composite panels
Compliant disabled access and parking
Entry lobbies voice, camera and security access control for entry by residents
and visitors
4 on-site car parks
Terms: 10% deposit, balance flexible 60 days
The size of Albury is approximately 5.7 square kilometres. There are 17 parks, covering nearly 30.8% of the 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 4,076 properties. Over the last 5 years, Houses in Albury have seen a 55.15% increase in median value, while Units have seen a 25.78% increase. As at 31 July 2026:
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