2/82 Merkel StreetThurgoona NSW 2640
Property Details for 2/82 Merkel St, Thurgoona
Last Listing description (July 2026)
INVEST OR OCCUPY: MERKEL ST DIAMOND
Situated within the thriving Airside Industrial Estate, 2/82 Merkel Street presents a premium opportunity for both owner-occupiers and investors seeking modern, high-quality industrial accommodation in one of Alburys fastest-growing industrial precincts.
Positioned at the front of a complex comprising 23 strata-titled units, this property enjoys excellent exposure and accessibility. The warehouse has been thoughtfully designed to support todays modern business needs, featuring a professional office component at the front and a high-clearance warehouse to the rear, allowing for seamless functionality and flexibility.
Tenant Details
The property has been occupied since completion by MLM Electrical, a respected Albury-based business with a reputation for quality and growth. The tenant has made bespoke improvements that further enhance the functionality and presentation of the space, with features rarely seen in comparable units.
A one-year lease is currently in place while the occupier completes construction of their new facility. This arrangement provides short-term holding income and a clear pathway for future occupation, whether secured by another quality tenant or an owner-occupier planning a staged relocation. The combination of high-spec office improvements, quality finishes, and smartly configured work areas ensures outstanding flexibility for a range of professional, trade, or light industrial uses
Tenant: MLM Electrical
Lease Commencement Date: 01/02/2026
Lease Term: 1 Year
Option: 2x 1 Years
Permitted Use: Electrical Business
Current Annual Rental Income: $40,000.00+gst
Annual Increase: CPI or 3% whichever is the greater annually
Lease Type: Net Lease (Outgoings Recoverable)
Outgoings (100% Recoverable):
Council rates $1,686.88 per annum (approx.)
Water and sewerage rates $520.47 per annum (approx.)
Strata fees $2,616.00 per annum (approx.)
Zoning E4 General Industrial
Planning authority Albury City Council
Key features include:
214sqm of net lettable area
Features ground floor and mezzanine officing
Split system air conditioning throughout office areas
Modern kitchen and amenities
High clearance roller door for efficient access
24 x 415W Yingli panels with a 1 x 8.2 KW Fronius inverter
Secure gated yard with 24/7 access for convenience
Strategic proximity to Hume Highway and Albury CBD
Sale Process
Auction, Friday 1 May 2026 @ 12.30pm
Terms: 10% deposit, balance flexible 42 days
Property History for 2/82 Merkel St, Thurgoona, NSW 2640
- 15 Jun 2026Sold for $692,500
- 23 Mar 2026Listed for Sale Auction Friday 1st May at 12.30pm
- 11 Jul 2019Sold for $203,500
Recent sales nearby
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About Thurgoona 2640
The size of Thurgoona is approximately 35.6 square kilometres. There are 11 parks, covering nearly 3.7% of the total area. The population of Thurgoona in 2016 was 8656 people. By 2021 the population was 11028 showing a population growth of 27.4% in the area during that time. The predominant age group in Thurgoona is 0-9 years. Households in Thurgoona are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Thurgoona work in a professional occupation.In 2021, 71.50% of the homes in Thurgoona were owner-occupied compared with 71.40% in 2016.
Thurgoona has 6,145 properties. Over the last 5 years, Houses in Thurgoona have seen a 56.11% increase in median value, while Units have seen a 80.78% increase. As at 30 June 2026:
- The median value for Houses in Thurgoona is $799,401 while the median value for Units is $459,367.
- Houses have a median rent of $620 while Units have a median rent of $493.
Suburb Insights for Thurgoona 2640
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