16 Residential Apartments on One Title

521-527 Cowper Street, Albury NSW

Property Highlights

Fully let, strong occupancy history
Albury unit price up 25%**
Future subdivision/on-sale (STCA)
Register to Bid

Description

16 immaculately presented one bedroom residential apartments on one title.
Fully occupied residential complex with leases as long as 10 years.
Large 1,185sqm R1 (General Residential) zoned landholding with 36 metre street frontage.
Situated in an established residential area within 350 metres of Mercy Hospital, Albury TAFE and Albury Commercial Golf Resort.
Easy access to Dean Street and the Albury CBD.
Albury/Wodonga is one of Australia’s most important regional centres with 100,435 residents, forecast to grow 24.2% by 2036**.
Residential demand in Albury is up 290% since March 2020 (views per listing for sale) and Albury’s median apartment price has increased 25.5% in the last 5 months.*
Potential for future subdivision and on-sale (STCA).
Estimated Net Income: $130,332 pa

For Sale by Investment Portfolio Auction
10:30am (AEST) Wednesday 12 May 2021
Crown Casino, Melbourne VIC

*realestate.com.au
**.id

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Residential
Land Size
1,185 SQM
Building Area
42 SQM

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