Floor plan
Features at a glance
Situated within the thriving Airside Industrial Estate, 2/82 Merkel Street presents a premium opportunity for both owneroccupiers and investors seeking modern, high-quality industrial accommodation in one of Albury’s 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 today’s 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.
Key features include:
• 214sqm of net lettable area
• High clearance roller door for efficient access
• Features ground floor and mezzanine officing
• Split system air conditioning throughout office areas
• 24 x 415W Yingli panels with a 1 x 8.2 KW Fronius inverter
AUCTION:
Friday 1st May at 12:30pm onsite
Terms: 10% deposit, balance flexible 60 days.
Tenant Details
• Modern kitchen and amenities
• Robust tilt panel construction for durability
• Secure gated yard with 24/7 access for convenience
• Strategic proximity to Hume Highway and Albury CBD
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 p.a. (approx.)
Water and sewerage rates: $520.47 p.a. (approx.)
Strata fees: $2,616.00 p.a. (approx.)
Zoning: E4 General Industrial Planning authority: Albury City Council
Site Location
Features at a glance
