Commercial Property

1/440 Olive Street

Albury NSW 2640, Australia

2 Parking
1749 m² Land size
- Internal area
$485,000 Last sale (2019)

Snapshot

Key points for 1/440 Olive Street.

  • Estimated market value: $1,100,000
  • Recorded price: $796,000 (estimate)
  • Land size: 1,749 m²
  • Large block (1,749 m²)
  • Short walk to Albury CBD

About this commercial property

Unit 1 at 440 Olive Street is a three‑bedroom townhouse located within a multi‑unit building in Albury, NSW. The unit sits on a substantial 1,749 m² block and includes two garage spaces, a single bathroom, and a home‑based building design business operating from the premises. Recent market activity shows a sale price of $485,000 in July 2019 and estimated market value around $796,000

Also written as Unit 1, 440 Olive Street.

Key details

Locality
Albury
State
NSW
Coordinates
36.08428525 / 146.91832398
GNAF PID
GANSW703908679
Legal parcel ID
1/SP42924
Remoteness area
Regional
Property type
Commercial
Unit land size
1749 m²
Unit internal area
-
Mobile coverage
5G available
Zoning
Residential (P1)
Land Use Category
Commercial

Commercial property information

DB Drafting Solutions
Professional Services Building Design
Verified at this address

Business listed on Houzz with address 1/440 Olive Street.

Building designers providing drafting and design services.
Observed facts
ABN
97 841 071 698

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$580
Expected property value
$1,100,000
Estimated yield
2.74%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
29 Aug 2019
Contracted 30 Jul 2019
$485,000—
Sale
14 Dec 2017
$480,000—
Sale
21 Apr 2017
Auction sale via Stean Nicholls
$405,000—

Rental history

EventDateWeekly rent
Lease
16 Sep 2025
$480/week
Lease
18 Feb 2015
through Link Real Estate
$325/week

Property insights

Property Features

  • Three bedrooms Steannicholls.com.au
  • One bathroom
  • Two garage spaces
  • Large 1,749 m² block
  • Home‑based commercial office (DB Drafting Solutions) Houzz.com.au
  • Short walk to Albury CBD
  • Capital growth since 2017: Sales have risen from $405k in 2017 to estimated values near $800k‑$1.25m in 2026
  • Strong rental demand: Current lease $480/week (2025) with estimates up to $670/week
  • Car spaces: 2

Recorded sales and leasing agents

  • Stean Nicholls Real Estate has acted as the primary sale and leasing agent for multiple transactions, including the 2017, 2018 and 2019 sales and recent leases Steannicholls.com.au
Recorded sale agency (2019 sale)
Stean Nicholls Real Estate recorded for the 2019 sale Stean nicholls real estate listings
Recorded listing contacts
Stean Nicholls Real Estate

Real Estate Agencies

Ordered by:
Elders Real Estate Wodonga - Wodonga
Elders Real Estate Wodonga - Wodonga
5.1 km
Stean Nicholls - Albury
Stean Nicholls - Albury
0.8 km
Ray White - Albury North
3.8 km
First National Real Estate - Bonnici & Associates
First National Real Estate - Bonnici & Associates
3.9 km
Gilson Yonson Real Estate - North Albury
Gilson Yonson Real Estate - North Albury
2.7 km
PJ Murphy Real Estate - WODONGA
PJ Murphy Real Estate - WODONGA
4.3 km
Ray White Albury Central - ALBURY
Ray White Albury Central - ALBURY
0.6 km
Que Property Group - .
0.6 km
OBrien Real Estate - Wodonga
5.1 km
Cameron Property Alliance
4.8 km
Stewart Gould Real Estate
0.3 km
Stewart Gould Real Estate
McGrath - Albury/Wodonga
0.9 km
Brian Phegan Real Estate - Albury
4.5 km
Ian Ritchie Real Estate - Albury
Ian Ritchie Real Estate - Albury
3.7 km
Drummond Real Estate - ALBURY
0.8 km
* Approximate straight-line distances

Frequently asked questions

How many bathrooms are there?

The unit includes one bathroom

Steannicholls.com.au
How many bedrooms does the unit have?

The townhouse has three bedrooms

Steannicholls.com.au
What parking facilities are available?

There are two garage spaces for parking

Steannicholls.com.au
What was the most recent sale price?

The most recent recorded sale was $485,000 on 30 July 2019

Steannicholls.com.au
What is the estimated market value?

Estimated market value is approximately $796,000

Steannicholls.com.au
What is the estimated weekly rent?

Estimated weekly rent is about $490 per week

Steannicholls.com.au
What is the property type?

It is classified as a townhouse unit within a multi‑unit residential building

Steannicholls.com.au
What commercial activity operates from the unit?

DB Drafting Solutions runs a home‑based building design business from the townhouse

Houzz.com.au

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