Commercial Property

1/550 Smollett Street

Albury NSW 2640, Australia

- Parking
1007 m² Land size
- Internal area
$480,000 Last sale (2018)

Snapshot

Key points for 1/550 Smollett Street.

  • Estimated market value: $1,240,000
  • Land size: 1,007 m²
  • Leased premises suitable for professional businesses with heating, cooling and disabled access
  • Heating & cooling
  • Disabled access

About this commercial property

Unit 1 at 550 Smollett Street is a mixed‑use apartment located one block from Dean Street, the commercial heart of Albury. The parcel sits on 1,007 m² of land and offers a 186 m² ground‑floor retail/office space with four off‑street parking bays. The premises are leased for professional businesses and feature heating, cooling and disabled access.

The unit includes four bedrooms and three bathrooms, and was sold for $480,000 on 3 January 2018. estimated market value range of approximately $1.2 million has been reported in recent market data

Also written as Unit 1, 550 Smollett Street.

Key details

Locality
Albury
State
NSW
Coordinates
36.08238047 / 146.91470299
GNAF PID
GANSW703906372
Legal parcel ID
1/SP38202
Remoteness area
Regional
Property type
Commercial
Unit land size
1007 m²
Unit internal area
-
Strata/body corporate
Present
Land Use Category
Commercial

Commercial property information

Leased Shop & Retail Space
Shop retail
Retail Shop / Retail
Not verified / may have moved

Lease commenced 14 Jun 2017; current occupancy not disclosed.

Leased premises suitable for professional businesses with heating, cooling and disabled access.
Observed facts
Car spaces
4
realcommercial
Lease start date
14 Jun 2017
realcommercial

Market estimates

Based on curated rent estimate, web value evidence.

Expected weekly rent
$638
Expected property value
$1,240,000
Estimated yield
2.68%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
3 Jan 2018
Purpose recorded as Office
$480,000—
Sale
18 Dec 2003
Purpose recorded as Commercial
$60,000—
Sale
4 Feb 1997
Purpose recorded as Office
$43,000—
Sale
1 Feb 1991
$240,000—

Property insights

Recorded sales and leasing agents

  • Leased to professional business on 14 June 2017 – listed by Stanley & Martin – Albury (Suite 2, 647‑653 Dean Street) Realcommercial.com.au
  • Sold for $480,000 on 3 January 2018 (office use)
Recorded sale agency (2018 sale)
Stanley & Martin – Albury recorded for the 2018 sale Suite 2, 647‑653 Dean Street, Albury NSW 2640 Realcommercial
Recorded listing contacts
Stanley & Martin – Albury 02 6023 89xx

Area insights

The surrounding precinct places civic services within easy reach
  • Albury Post Office heritage place located; 0.2 km away
  • Albury major regional city on the Murray Riverfrom Sydney and from Melbourne; 554 km away

Real Estate Agencies

Ordered by:
Elders Real Estate Wodonga - Wodonga
Elders Real Estate Wodonga - Wodonga
5.1 km
Stean Nicholls - Albury
Stean Nicholls - Albury
0.4 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
0.2 km
Que Property Group - .
0.8 km
OBrien Real Estate - Wodonga
5.1 km
Cameron Property Alliance
4.8 km
Stewart Gould Real Estate
0.6 km
Stewart Gould Real Estate
McGrath - Albury/Wodonga
0.8 km
Brian Phegan Real Estate - Albury
4.2 km
Ian Ritchie Real Estate - Albury
Ian Ritchie Real Estate - Albury
3.6 km
Drummond Real Estate - ALBURY
0.4 km
* Approximate straight-line distances

Frequently asked questions

What parking is available?

Four off‑street car spaces are provided for the premises

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

The unit contains four bedrooms

Realcommercial.com.au
How many bathrooms are included?

There are three bathrooms in the unit

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

The property sold for $480,000 on 3 January 2018

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

A recent estimate places the market value around $1.2 million

Realcommercial.com.au
What type of property is it?

It is an apartment unit with mixed‑use capability, suitable for both residential and professional commercial occupancy

Realcommercial.com.au
What nearby place is closest to the property?

Albury Post Office is located approximately 0.2 km away

What kind of property is this?

1/550 Smollett Street is listed as Apartment in Albury, NSW

Realcommercial.com.au

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