426 David Street, Albury, NSW 2640 | Property Value & History | OnTheHouse
OFF MARKET

426 David Street
Albury NSW 2640

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2279m2
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Property Details for 426 David St, Albury

Building Type
Commercial
Land Size
2279m2
Local Government
Albury City
Lot/Plan
81/DP717616

Last Listing description (November 2018)

EXCLUSIVE TO CRE BROKERS
Outstanding NSW Freehold Motel For Sale
A genuine offering to the market. 17 room central city regional Motel.

A rare opportunity to enter the accommodation sector with an affordable going concern price tag.
The Albury Garden Court Motel is perfectly positioned close to the heart of the city of Albury, New South Wales. Literally just a few minutes walk to the city centre and all it has to offer with two major licensed clubs, popular restaurants, nightclubs, cinema, fantastic shopping and business precinct and Albury's famous Botanic Gardens nearby.
A consistent performer running at 85% occupancy over the last 12 months.
Endless opportunity to develop or maintain market share.
Featuring:
* Blue Chip central Albury location
* Strong and consistent revenue and profitability
* 17 Motel rooms with standard / twin and family deluxe options
* 3 x bedroom + 2 x bathroom family residence
* Easy to operate, beautifully presented and maintained
* In-ground swimming pool and BBQ area
* Huge scope to redefine, maintain or develop the business
* 15% Buyers Yield
A must to inspect for any operator with a wonderful opportunity to reap the rewards in this vibrant regional city.
Priced to sell!
Contact Dan McDonald at CRE Brokers to inspect this fantastic property.

Property History for 426 David St, Albury, NSW 2640

A timeline of how this property has performed in the market
Last Sold
$3,120,000
22 Aug 2024
  • 22 Aug 2024
    Sold for $3,120,000
  • 01 Mar 2019
    Sold for $1,220,000
  • 02 Aug 2018
    Listed for Sale FHGC - $1,725,000
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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 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 4,061 properties. Over the last 5 years, Houses in Albury have seen a 69.00% increase in median value, while Units have seen a 57.91% increase. As at 31 December 2025:

  • The median value for Houses in Albury is $794,026 while the median value for Units is $461,087.
  • Houses have a median rent of $545 while Units have a median rent of $430.
There are currently 25 properties listed for sale, and 8 properties listed for rent in Albury on OnTheHouse. According to Cotality's data, 151 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.