437 Young StreetAlbury NSW 2640
Property Details for 437 Young St, Albury
Last Listing description (March 2022)
Savills is pleased to offer for Private Sale this high profile retail investment, leased to 'The Good Guys', wholly owned by ASX-listed 'JB Hi-Fi Limited'.
Key attributes of this property are as follows:
- 5+5 year lease to 'The Good Guys' (wholly owned by ASX Listed 'JB Hi-Fi Limited')
- Current Net Rental of $448,161 pa* + GST
- Plus an additional vacant showroom providing scope for additional rental
- Current net yield above 8.5% + growth!
- Situated in the rapidly growing city of Albury, a major regional hub in the Murray River region of NSW
- Excellent corner site of 5,128sq m* with high visibility to both Young and Hume Street
- Adjacent to Officeworks and close to Dan Murphy's, Woolworths and Myer
For Private Sale
For further information, please contact:
Nick Peden - 0402 011 266
Jesse Radisich - 0402 085 702
Clinton Baxter - 0413 569 888
*Approx
Property History for 437 Young St, Albury, NSW 2640
- 19 Jul 2019Listed for Rent - Price not available
- 19 Mar 2019Listed for Rent - Price not available
- 02 Jan 2019Listed for Rent - Price not available
Recent sales nearby
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0About 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 72.53% increase in median value, while Units have seen a 60.63% increase. As at 31 January 2026:
- The median value for Houses in Albury is $814,964 while the median value for Units is $467,871.
- Houses have a median rent of $525 while Units have a median rent of $430.
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