624 Young StreetAlbury NSW 2640
Property Details for 624 Young St, Albury
Last Listing description (October 2023)
Under instructions from Barry Kogan and Katherine Sozou as Receivers and Managers, Colliers is excited to present For Sale 624 Young Street, Albury. Forming part of The Petroleum Portfolio, a rare and unique collection of strategically located service station investments, developments and operational opportunities across the East Coast of Australia.
This property represents a secure investment in a prime regional location and offers the following key investment highlights:
Strategic 1,897m* corner site
Fuel infrastructure (5 bowsers & 40 pumps), retail shop and rug shop
Attractive 10 year & 5 year lease with options
Total Gross passing income of $208,298* per annum with fixed rental growth
The Petroleum Portfolio is offered For Sale in-one-line or individually via Expressions of Interest closing Wednesday 8 November at 3pm (AEDT).
For further information and/or to arrange a private inspection, please contact the exclusive selling agents.
*approx
Property History for 624 Young St, Albury, NSW 2640
- 03 Mar 2025Sold for $2,700,000
- 09 Oct 2023Listed for Sale Please contact agent
- 11 Apr 2019Sold
Recent sales nearby
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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 4,074 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.
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