Skip to main content

104/425 David Street Information Memorandum

Page 1


104/425 DAVID STREET ALBURY

Executive Summary

104/425 David Street, Albury

Stean Nicholls Commercial is pleased to present 104/425 David Street, Albury, a prime freehold strata investment within ‘The Hamilton’, one of Central Albury’s landmark mixed-use developments.

Modern, immaculate and centrally positioned, the property offers a rare opportunity to secure a low maintenance, secure commercial asset in a tightly held CBD location, appealing to both astute investors and long term owner occupiers.

‘The Hamilton’ combines premium commercial suites on the lower levels with high end residential apartments above, delivering a high quality environment for businesses and reinforcing the long term desirability of the precinct. The first two floors are home to leading regional operators, providing a contemporary, professional setting for clients, staff and visitors.

The offering is underpinned by a one year lease while the current occupier completes construction of its new premise, providing short term income and clear line of sight for future occupation, whether by another quality tenant or an owner occupier planning a staged relocation. The Mixed Use (MU1) zoning supports excellent long term flexibility for a range of commercial and professional uses.

Opportunities of this calibre in Albury’s CBD are increasingly scarce, supported by strong population growth, a resilient local economy and the city’s strategic position on the Melbourne to Sydney corridor. 104/425 David Street is ideally suited to investors, future owner occupiers and those seeking a high quality, centrally located commercial holding in one of regional Australia’s most dynamic markets.

Executive Summary

104/425 David Street, Albury

Tenant Details

Head lease to MLLM, with the premises sublet to Flourish, a multidisciplinary allied health clinic providing chiropractic and complementary wellness services from level 1 of ‘The Hamilton’ at 425 David Street, Albury. The practice offers personalised, natural treatment focused on spinal health, pelvic support and nutrition, generating regular client visitation and aligning with the building’s broader health and professional services mix.

• Lease Commencement Date: 01/02/2026

• Lease Term: 1 Year

• Option: 2x 1 Years

• Permitted Use: Medical

• Current Annual Rental Income: $99,000.00+gst

• Annual Increase: CPI or 3% whichever is the greater annually

• Lease Type: Net Lease (Outgoings Recoverable)

Outgoings (100% recoverable)

Council rates

Water and sewerage rates

Strata fees

Insurance

Zoning – Mixed Use (MU1)

$2,165.99 per annum (approx.)

$603 per annum (approx.)

$8,240.00 per annum (approx.)

$1,908.70 per annum (approx.)

Planning authority – Albury City Council

Sale Process

Forthcoming sale

Terms: 10% deposit, balance 60 days.

CONTACT AGENT

T: (02) 6021 5233

M: 0473 888 821

E: kristian@steannicholls.com.au

Highlights

Highlights

104/425 David Street occupies a high exposure position on the main corner entry into Albury CBD, within ‘The Hamilton’ mixed use development on the prominent David Street and Hume Street intersection. Positioned on level 1, the suite enjoys expansive window frontage and branding opportunities to both David and Hume Streets, capturing strong daily traffic flows into the city centre. The property sits within a modern, quality built complex that blends commercial and residential uses, reinforcing long term vibrancy and security of the immediate precinct. Surrounded by retail, office and civic amenities and located only a short walk from Albury’s core Dean Street retail spine, the property forms part of the city’s rapidly developing CBD corridor, benefiting from close proximity to main arterial routes and the wider Albury–Wodonga urban centre. As part of a tightly held building that also accommodates high end residential apartments, professional offices and medical/consulting uses, the suite is well placed to continue attracting quality commercial occupants for years to come.

132 Fallon Street is geographically positioned 3km from the Hume Freeway on/off ramp, this strategic location is on Australia’s main transport corridor which allows for overnight delivery to 75% of the Australian population by either rail or road.

Transport

Transport

• 3Kms from Hume Highway On/Off ramp

• 6kms from Wodonga CBD

• 3.8kms from Albury CBD

• 0.9kms from Hume Highway on/off ramp

• 0.4km from Albury CBD

• 4kms from Albury Airport

• 4.9km from Albury Airport

• 10kms from Wodonga CBD

• 325kms from Melbourne CBD

• 325kms from Melbourne CBD

• 555kms from Sydney CBD

• 553kms from Sydney CBD

• 862kms from Adelaide CBD

• 1,452kms from Brisbane CBD

• 1,457kms from Brisbane CBD

• 859kms from Adelaide CBD

Site Stats

• Hard stand area for efficient truck, delivery and customer movements

• Total Site Area – 1,448 sqm

Site Stats

• Total Building Area – 939.3 sqm

• Roof Height – 5.64m on the low side

• Car Parks – 12

• Modern fitout includes kitchenette, reception, waiting area and private consultation rooms

• Total Building Area – 145 sqm

• Balcony – 28 sqm

• Car Parks – 4 undercover and secure

REGION STATS

REGION STATS

• Albury/Wodonga $16.439B in gross area output

• Albury/Wodonga $16.439B in gross area output

• Albury/Wodonga population 101,793

• Albury/Wodonga population 101,793

• Largest industry sector is manufacturing

• Health Care & Social Assistance industry sector that is the region’s largest employer

• Workforce of over 46,000, supported by continued infrastructure and transport investment

Building Specifications

Level 1, including Suite 104, forms part of this dedicated commercial podium, offering modern consultation and office accommodation that integrates with the broader health and professional services mix within the complex. The building also includes secure basement car parking with controlled access and intercom, quality common lobbies finished in durable materials, and landscaped surrounds, underscoring the long-term appeal of the asset to both occupiers and investors.

STRUCTURE

• Six well-appointed consultation rooms

• Modern reception area and kitchenette with access to a south-facing balcony

• Contemporary façade featuring a combination of brickwork and feature composite panels

• Balconies finished with R11 grey aggregate tiles (300 x 600) and glass-panel balustrades with handrails

• White, full-height glazing and glazed doors, with lighting designed by the project architect

SAFETY

• Compliant disabled access and parking

• Entry lobbies voice, camera and security access control for entry by residents and visitors

CONVENIENCES & POWER SUPPLY

• 4 on-site car parks

• Car parking access controlled car parking including security intercom between

• Car park entry and unit releasing car park entry door and lifts

• 2 lifts servicing the building from GF to 3rd floor

• Low-maintenance landscaped surrounds

• Connected to all essential services (electricity, water, sewer, internet)

• One lockable letterbox per apartment located near building entry

• Shared level one amenities including disabled toilets

ACCESSIBILITY

• The premises is located on the highly accessible street of David Street, Albury

• Access to property from Hume Street and David Street intersection – on street parking available

• Easy access from the Hume Highway (Hume Street on/off ramp)

Around The Area

Map of Albury showing Sydney and Melbourne (same as the 476 Hume Street IM)

Albury is a major regional city in New South Wales, located on the Hume Highway on the Northern side of the Murray River, while its twin sister Wodonga lays on the southern side of the Murray River in Victoria. Albury has an urban population of over 50,000 and a combined population of over 101,793 residences with Wodonga.

Ideally positioned midway between Melbourne (325 km) and Sydney (555 km) along the Hume Freeway rail and road corridor, the Albury-Wodonga region is a critical logistics, manufacturing, and service gateway between southern and eastern Australia.

The City of Wodonga continues to experience sustained population and economic growth, driven by government investment, infrastructure upgrades, and a thriving local economy supported by education, health, and advanced manufacturing sectors.

On the northern side of the Murray River, Albury complements this growth with a diverse employment base, world-class healthcare facilities, tertiary education campuses, and a strong cultural and recreational offering. The region’s shared development vision is encapsulated in the Albury 2050 Strategic Plan, which focuses on building a sustainable and connected regional economy.

Surrounded by natural beauty, thriving businesses, and ongoing investment, 104/425 David Street is ideally located to benefit from the growing strength of the Albury–Wodonga economy.

ALBURY WODONGA

Floor Plan

Comparable Properties

steannicholls.com.au 02 6021 5233 Suite 1, Unit 19, 669 Dean Street, Albury

Disclaimer

The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.

The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.

The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure:

All areas, measurements, boundaries, building outgoings and rents are approximate only and subject to final confirmation;

The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.

GST Disclaimer

Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.

Turn static files into dynamic content formats.

Create a flipbook