Real Estate Australia

CORPORATE OFFICE SPACE IN THE ALBURY CBD
$1,200,000 (no GST as sold as a going concern)




Property Location: 4/526 Macauley Street ALBURY - - NSW

Listing Id: L11211152  

Land

Size: 958 Square Mtr Approx  

Description: As part of the strata in this meticulously designed and handcrafted modern building, Suite 4 is located on the first floor and offers:

- A commercial office area of 263 square metres (as per registered strata plan).
- Currently fit out with reception, offices, board room, open plan workstation areas and kitchen.
- Additional 58 square metres of external balconies.
- Southerly aspect to the surrounding mountains and over the eastern end of the Albury CBD.
- Common area ground floor and first floor amenities, including shower and disabled toilet.
- One lift and one set of stairs from the ground floor to the first floor.

Tenancy details:
- Leased to Win Television VIC Pty Ltd to 30th November 2026.
- Current rental of $71,070 per annum plus GST plus outgoings.
- Rental increases take place on 1st December annually.
- Option to renew lease for one (1) further period of two (2) years.
- Four (4) secure undercover on site car parking spaces.

Outgoings:
- The following budgeted outgoings are paid by the Lessee as per the lease.
- Budgeted outgoings are approximately $15,365.46 per annum consisting of:
1. Council Rates: currently $3,496.75 per annum plus GST
2. Water Rates: $527.18 per annum (based on last three (3), four monthly levies)
3. Body Corporate Levy $16,140 including GST per annum (or $4,035 including GST per quarter)
4. No land tax applicable for the current owner.
5. Lessor's management fees on rent and outgoings.

The building offers:
- A prime location in the heart of the Albury CBD.
- An energy efficient and sustainable property with a 5.5 star NABERS rating.
- Welcoming foyer with Lessee directory and internal / external building signage.
- Two street frontages of Macauley Street and Spencer Street.
- Full security (CCTV and Access Control) and 24/7 monitoring.
- High quality mix of owner occupiers within the building include Insight Building Design Group (Suite 2) and Wright Group (Suite 3).
- Commercial tenancies on the ground floor being Scott James Builder and iPermit Building Approvals.
- Strata management by Albury Community Strata.

Inclusions as per the Contract of Sale, which outlines the following Lessor's fixtures to be provided with the sale:
- office partitioning
- workstations
- reception
- tables
- chairs
- credenza
- cabinetry
- fridge

Exclusions:
- Lessee's computers
- Lessee's servers

For Sale: $1,200,000 (no GST as sold as a going concern)
Contract of sale available on request.

For more information or an inspection of Suite 4, First Floor / 526 Macauley Street, please contact Kate Stevens on 0438 254 334 or email kate.stevens@prdalbury.com.au to allow us to arrange by appointment with the Lessee.


CORPORATE OFFICE SPACE IN THE ALBURY CBD
$1,200,000 (no GST as sold as a going concern)


Contact PRDnationwide Albury Today!!!

Contact Kate Stevens
Phone 0438254334

Property ID:L11211152

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