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Commercial Property

2/518 Macauley Street

Albury NSW 2640, Australia

- Parking
1014 m² Land size
- Internal area
$205,000 Last sale (2006)

About this commercial property

2/518 Macauley Street is in Albury, NSW and is presented as a Commercial with land size of 1,014 m². Statewide Sewing Centre occupies Unit 2, offering sales and repair of sewing and embroidery machines Sold for $205,000 on 8 Nov 2006. The estimated market value is $510,000 and the estimated weekly rent is $455 per week

Also written as Unit 2, 518 Macauley Street.

Key details

Locality
Albury
State
NSW
Coordinates
36.08064946 / 146.92251937
GNAF PID
GANSW703900198
Remoteness area
Regional
Property type
Commercial
Unit land size
1014 m²
Unit internal area
-
Heritage overlay
None detected
Land Use Category
Commercial

Commercial property information

Statewide Sewing Centre
Shop
Retail Sewing Machines & Repair
Verified at this address

Tenant listed on its own website as Shop 2, 518 Macauley Street.

Retail outlet selling sewing, embroidery and quilting machines and providing repair services.
Observed facts
Lease start
July 2018
Annual rent
$27,854 + GST (net)
Lease options
Two optional 5‑year renewals, CPI adjustments, market review after first renewal year

Market estimates

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

Expected weekly rent
$455
Expected property value
$510,000
Estimated yield
4.64%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
27 Apr 2022
Unit s
Sale
1 Dec 2006
Contracted 08 Nov 2006
$205,000
Sale
5 Jul 2004
Contracted 31 May 2004
$170,000

Property insights

Building profile

Unit 2 of 518 Macauley Street offers 188 m² of retail floor space on a 1,014 m² land parcel within Albury’s CBD. The site is zoned B3 – Commercial Core and benefits from recent upgrades, including new air‑conditioning and a newly installed roof. An FTTN NBN connection (50 Mbps down / 20 Mbps up) is available with eligibility for FTTP upgrade Realcommercial.com.au

Recorded sales and leasing agents

  • The broader 518 Macauley Street building was sold in April 2022 (price not disclosed) Realcommercial.com.au
  • The sale was handled by L.J
  • Colquhoun Dixon Commercial Real Estate, with contacts Oscar Dixon (0408 212 2xx) and Nathan Last (0457 934 842)
Recorded sale agency (2022 sale)
L.J. Colquhoun Dixon Commercial Real Estate recorded for the 2022 sale
Recorded listing contacts
Oscar Dixon 0408 212 2xx Nathan Last 0457 934 842

Real Estate Agencies

Ordered by:
Elders Real Estate Wodonga - Wodonga
Elders Real Estate Wodonga - Wodonga
5.6 km
Stean Nicholls - Albury
Stean Nicholls - Albury
1.0 km
Ray White - Albury North
3.3 km
First National Real Estate - Bonnici & Associates
First National Real Estate - Bonnici & Associates
4.4 km
Gilson Yonson Real Estate - North Albury
2.2 km
PJ Murphy Real Estate - WODONGA
PJ Murphy Real Estate - WODONGA
4.9 km
Ray White Albury Central - ALBURY
1.0 km
Que Property Group - .
0.1 km
OBrien Real Estate - Wodonga
5.6 km
Cameron Property Alliance
5.3 km
Stewart Gould Real Estate
0.3 km
Stewart Gould Real Estate
McGrath - Albury/Wodonga
0.6 km
Brian Phegan Real Estate - Albury
4.1 km
Ian Ritchie Real Estate - Albury
Ian Ritchie Real Estate - Albury
3.2 km
Drummond Real Estate - ALBURY
0.9 km
Drummond Real Estate - ALBURY
Brian Unthank Real Estate - Albury
0.5 km
* Approximate straight-line distances

Frequently asked questions

What is the annual net rent for the unit?

The net rent is $27,854 per annum plus GST

Realcommercial.com.au
What is the floor area of the unit?

The retail unit has a floor area of 188 m²

Realcommercial.com.au
When did the current lease start and how long is it?

The lease started in July 2018 for a five‑year term with two optional five‑year renewals

Realcommercial.com.au
What commercial zoning applies to the property?

The site is zoned B3 – Commercial Core, the highest‑and‑best commercial usage in Albury

Realcommercial.com.au
Which bus stop is closest to the property?

The nearest bus stop is David St opposite Lindner Lane, about 138 m away

Realcommercial.com.au
How far is the nearest train station?

Albury railway station is approximately 427 m from the unit

Realcommercial.com.au
What type of business occupies the unit?

Statewide Sewing Centre, a retail and repair outlet for sewing and embroidery machines, is the current tenant

Realcommercial.com.au
What historic hotel is located nearby?

The Commercial Hotel is situated about 0.3 km from the property

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