4-6 Russell St, Albion Park, NSW 2527

Invest or Occupy

Located in the center of this growth suburb opposite the entry to Albion Park shopping village with anchor tenants, Woolworths, Reject Shop, Medical Center & specialty shops.

848.9m2 of level R3 zoned land featuring two dwellings.

4 Russell Street - house currently leased as a clinic with rent $35,445.60pa GST included.
6 Russell Street - currently occupied by a Swim School leased at $31,241.00pa GST included on an expiry lease.

Both tenants have been long term with potential for future rental upside or owner occupancy.

Additional Highlights -
- Current net income $66,686pa GST included (approximately).
- Zoned R3, site area 848.9m2.
- Busy Albion Park central location with ample parking.

A rare opportunity to buy in the central township of Albion Park.


Rent - 4 Russell Street
Clinic $35,445.60pa GST included.
Current lease to 7th May 2021.

Rent - 6 Russell Street
Swim School $31,241pa GST included.
Expire lease.

Zoned R3 Medium Density Residential.

Map

Recent Sales in the Suburb of Albion Park

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