104/425 David Street, Albury, NSW 2640 | Property Value & History | OnTheHouse
OFF MARKET

104/425 David Street
Albury NSW 2640

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 227m2
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Property Details for 104/425 David St, Albury

Building Type
Commercial
Land Size
227m2
Local Government
Albury City
Lot/Plan
36/SP102344

Last Listing description (May 2026)

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.

Lease Commencement Date: 01/02/2026
Lease Term: 1 Year
Option: 2x 1 Years
Permitted Use: Medical
Current Annual Rental Income: $99,000.00+gst
Annual Increase: CPI or 3% whichever is the greater annually
Lease Type: Net Lease (Outgoings Recoverable)

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

Property History for 104/425 David St, Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$1,045,000
24 Sep 2021
Listed for Rent
11 Oct 2021
  • 23 Mar 2026
    Listed for Sale Contact Agent
  • 24 Sep 2021
    Listed for Sale Contact Agent
  • 24 Sep 2021
    Sold for $1,045,000
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About Albury 2640

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:

  • The median value for Houses in Albury is $851,696 while the median value for Units is $470,124.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 19 properties listed for sale, and 11 properties listed for rent in Albury on OnTheHouse. According to Cotality's data, 151 properties were sold in the past 12 months in Albury.

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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.