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Freehold Auto Wreckers/ Future Development Site South Albury For Sale

Albury-Wodonga, New South Wales, Australia
Asking Price:
$2,200,000 (AUD) Inventory / Stock included
Sales Revenue:
$250K - $500K (AUD)
Cash Flow:
$250K - $500K (AUD)

Established 1973 and trading by our clients since 1999.
Operates on two large adjoining level blocks of approx. 20,000 sq meters each, with approx. gross area 4.06 Ha or 10 acres.
Features a large modern steel frame Colorbond building with sales, office and workshop and staff amenities, plus a 2nd open front shed with high roofline, ideal for trucks. Both blocks fully fenced, the first one also enclosed by Colorbond fencing.
Site has approximately 1,000 car bodies with an estimated scrap value in excess of $500,000 + (depends on prevailing market price) in addition to approximately $300,000 stock and spares, and a significant list of plant and equipment.
Land zoned RU2 Rural Landscape with permissible uses* including Bed and Breakfast, Dwelling houses, Group homes Hotel or motel accommodation, Aquaculture, Intensive agriculture etc This is a very rare opportunity indeed for a visionary developer, close to the Murray River. Habitat Planning report available to interested parties.

$2.2M FHGC OR $1.2M+ GST LAND AND BUILDINGS ONLY
Annual rates $6,470.45
*Subject to Albury City Council approval
Enquiries: Peter , Neville

Property Information

Real Estate:

Real Property Included

Location:

South Albury close to Murray River and Internal Interstate Highway

Premises Details:

Large approx 10 acres area with significant buildings for retail storage and repairs

Size in square feet:
40000m2

Business Operation

Reasons for selling:

Retirement

Employees:
Proprietor plus staff
Years established:
1973

Other Information

Inventory / Stock value:
$500,000 (AUD) - included in the asking price

Contact Peter Campbell Real Estate

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