557 Young Street | Dynamic Multi-Tenanted Commercial Investment
Positioned in a highly accessible location, 557 Young Street presents a compelling opportunity to secure a diversified commercial asset with established income streams. Featuring a carefully curated mix of health, wellness, and professional service tenants, the property is anchored by a gym and co-working space, creating a vibrant business community and broad appeal.
The property's multi-tenanted configuration provides immediate holding income while reducing reliance on a single occupier, offering investors the benefit of diversified cash flow and long-term leasing potential. With growing demand for flexible workspaces and health and wellness facilities, this asset is strategically positioned to capitalise on evolving commercial trends.
Designed to accommodate a range of commercial uses, the property combines functional space, strong tenant synergy, and future growth potential in one attractive investment package.
INVESTMEMNT HIGHLIGHTS:
- Established multi-tenanted commercial asset
- Tenancy 1. Ignite Health Club offering gym, yoga studio and reformer pilates classes
- Lease period 8.5 years, ending 30 June 2030
- Tenancy 2. Hustle Cowork – offers a chic warehouse environment with open workspaces, dedicated desks and studio offices
- Lease period 5 years ending 30 November 2030
- Summary of net rentals after outgoings Until 12/05/27 = $209,064.40 approx. After 12/05/27 including additional space income = $221,064.40 + CPI & 3 fixed increases approx.
PROPERTY HIGHLIGHTS:
- Located at the north/east end of the Albury CBD
- Exceptional exposure to Young Street
- Building frontages to Young St, Spencer St and Gehrig Lane
- Site area approximately 1,915m2
- Total building area over 2 floors inc under cover parking 2,727m2
- Zoned MU1- mixed used
- Opportunity for rental growth and asset enhancement
- Well-positioned within an established commercial precinct
Whether you're a seasoned investor seeking reliable income or looking to acquire a strategically positioned commercial asset with future upside, 557 Young Street represents an outstanding opportunity to secure a quality addition to your portfolio.
For further information or to arrange an inspection, contact the exclusive selling agents today.
