522-524 Kiewa Street, Albury - Information Memorandum

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Executive Summary

522-524 Kiewa Street, Albury

Iconic c.1874 Landmark Heritage Property in the Heart of Albury

A rare opportunity to secure one of Albury’s most recognisable and historically significant commercial properties. Proudly positioned in the heart of Albury’s CBD, this iconic heritagelisted building offers an exceptional blend of classic charm, professional presence, and strategic potential.

Originally constructed in 1874 as an Odd Fellows Hall, later known as the ‘Hume Chambers’ until acquired in 1921 by FJ Belbridge when it became home to the prestigious law firm Belbridge Hague for over a century, this property is steeped in local history and architectural character.

Positioned at 522–524 Kiewa Street, this prized address enjoys a prestigious blue-chip location surrounded by key civic and cultural destinations, including the Albury Library Museum, Albury City Information Centre, the Albury Entertainment Centre, and St Matthew’s Church. Overlooking the immaculate QEII Square parklands, it offers an unparalleled setting for a thriving business operation or a visionary redevelopment.

Investment opportunities of this calibre are exceedingly rare in Albury, truly a once in a generation chance to secure a site of such historical and commercial significance.

For further information or to arrange a private inspection, please contact Kristian Hopwood or David Stean.

Immediate Leasing Opportunities

Distinct leasing options are available, offering flexibility to accommodate a range of commercial occupants:

• 522 Kiewa Street, Albury – 340 sqm

• Leasing Appraisal: $50,000–$55,000 p.a. + GST + Outgoings

• 524 Kiewa Street, Albury – 460 sqm

• Leasing Appraisal: $80,000–$88,000 p.a. + GST + Outgoings

With targeted enhancements, there is significant potential to increase both rental value and tenant appeal across these spaces. Additionally, consideration can be given to amalgamating both tenancies to create a larger, single-occupant leasing opportunity.

Supporting market evidence and appraisal details are available upon request.

CONTACT AGENT

T: (02) 6021 5233

M: 0473 888 821

E: kristian@steannicholls.com.au

Executive Summary

522-524 Kiewa Street, Albury

Development Opportunities

This expansive site of over 1,000 sqm presents an outstanding opportunity for developers to secure a premium blue-chip holding in central Albury. Preliminary drawings by acclaimed architects Fender Katsalidis provide a vision for the potential redevelopment at 522–524 Kiewa Street, highlighting transformative architectural concepts for striking new facades on the west, east, and north elevations. Such a project would enable the creation of contemporary commercial, mixed-use, or office spaces tailored to modern demands, enhancing the site’s street presence and maximizing its exceptional location.

A redevelopment of this calibre would not only elevate tenant amenity and income potential but would also set a new benchmark for quality within Albury’s CBD. This visionary project offers the chance for buyers to position themselves at the forefront of the region’s commercial growth, capturing first-mover advantage with a landmark address that is certain to attract premium tenants, deliver strong long-term returns, and contribute a significant architectural statement to the heart of Albury.

Outgoings

Council Rates

Water and sewerage rates

522 Kiewa Street

524 Kiewa Street

522 Kiewa Street

524 Kiewa Street

Zoning – E2 Commercial Centre

Planning authority – Albury City Council

Sale Process

$7,964.05 per annum (approx..)

$6,822.22 per annum (approx.)

$439.5 + consumption (approx.)

$1,108.2 + consumption (approx.)

Expression of Interest, closing 1.00pm Monday 1st December

Terms: 10% deposit, balance 60 days.

Agent Details

Kristian Hopwood / Commercial Director / 0473 888 821 / kristian@steannicholls.com.au

David Stean / Commercial Sales & Projects / 0407 744 478 / david@steannicholls.com.au

CONTACT AGENT

David Stean

Commercial Sales & Projects

T: (02) 6021 5233

M: 0407 744 478

E: david@steannicholls.com.au

Floor Plan

- 522 Kiewa Street, Albury

Floor Plan - 524 Kiewa Street, Albury

Highlights

Highlights

132 Fallon Street is geographically positioned 3km from the Hume Freeway on/off ramp, this strategic location is on Australia’s main transport corridor which allows for overnight delivery to 75% of the Australian population by either rail or road.

522–524 Kiewa Street enjoys a prime location less than 100 metres from Albury’s main intersection and historic Post Office. Situated in the heart of the CBD, the property offers exceptional accessibility and represents an outstanding central address.

Transport

Transport

• 3Kms from Hume Highway On/Off ramp

• 2.1Kms from Hume Highway On/Off ramp

• 100ms from Albury CBD

• 3.8kms from Albury CBD

• 4kms from Albury Airport

• 4kms from Albury Airport

• 10kms from Wodonga CBD

• 10kms from Wodonga CBD

• 325kms from Melbourne CBD

• 325kms from Melbourne CBD

• 553kms from Sydney CBD

• 553kms from Sydney CBD

• 1,452kms from Brisbane CBD

• 1,452kms from Brisbane CBD

• 859kms from Adelaide CBD

• 859kms from Adelaide CBD

Site Stats

• Hard stand area for efficient truck, delivery and customer movements

• Total Site Area – 1,448 sqm

Site Stats

• Total Building Area – 939.3 sqm

• Roof Height – 5.64m on the low side

• Total Site Area - 1,081 sqm

• Car Parks – 12

• Total Building Area – 800 sqm

• Car Parks – 12 approx.

REGION STATS

REGION STATS

• Albury/Wodonga $16.439B in gross area output

• Albury/Wodonga $16.439B in gross area output

• Albury/Wodonga population 101,793

• Albury/Wodonga population 101,793

• Largest industry sector is manufacturing

• $230.4 million in new projects commenced in 2025, reflecting strong current development momentum

• An additional $630.2 million in projects are in the pipeline for 2026, signalling ongoing confidence in the Albury market

Building Specifications

The property is spread across two separate titles, 522 Kiewa Street and 524 Kiewa Street, each offering distinct character and functionality.

522 Kiewa Street is a grand Victorian-era building perfectly suited to accommodate a large scale office operation. With an abundance of workspace across both ground and first floors, it offers flexibility for a single occupier or the potential to create multiple tenancies for those seeking to diversify their investment. Long home to Belbridge Hague, one of the region’s oldest and most respected legal firms, the property retains the dignified features of a traditional legal practice, including elegant boardrooms, a welcoming waiting area, and principal offices steeped in heritage.

STRUCTURE

• Set across two wide titles

• Boasts a Victorian era façade with fantastic exposure onto Kiewa Street

• Welcoming reception area at the front

• Generous office fitted with kitchen

• Sawtooth warehouse with electric roller door

SAFETY

• Alarm system throughout the property

• Internal & external lighting

In contrast, 524 Kiewa Street exudes a distinctive retro appeal, echoing an era when timber cladding and plush deeppile carpet were the hallmark of style. The front section offers excellent retail accommodation, seamlessly transitioning into office spaces and, further to the rear, a substantial sawtooth warehouse, a rare and sought-after combination in the Albury market. This versatile retail-and-office property features a wide glass frontage, spacious showroom, generous office suites, a well-appointed kitchen, restrooms, ample storage, and an electric roller door providing direct warehouse access. Its layout and facilities make it ideal for major trade operations or service-based enterprises seeking high visibility and functionality.

Both properties enjoy rear lane access from the north, with 522 Kiewa Street offering onsite parking and 524 Kiewa Street providing direct warehouse entry. This practical layout adds convenience for any incoming business and underscores the unique and versatile nature of this exceptional offering.

CONVENIENCES & POWER SUPPLY

• Warehouse storage and office area

• Direct access to Albury’s CBD and QEII square

• Modern bathroom with toilet and shower

• Rear lane access from the north side and on site parking

• Individual power & water metering

ACCESSIBILITY

• Highly accessible CBD location on Kiewa Street, with convenient proximity to major civic, retail and hospitality destinations.

• Rear lane access providing direct entry to on-site parking (522) and warehouse (524), streamlining deliveries and business operations.

• Surrounded by public parking options and within easy walking distance of Albury’s public transport network.

• Effortless access for clients and staff, with Albury’s central precinct offering wide streets, accessible footpaths, and nearby transit links.

• Strategic placement allows for smooth vehicle movement and access for trade, service, or professional business needs in the heart of Albury.

Around The Area

Albury is a major regional city in New South Wales, located on the Hume Highway on the Northern side of the Murray River, while its twin sister Wodonga lays on the southern side of the Murray River in Victoria. Albury has an urban population of over 50,000 and a combined population of over 90,000 residences with Wodonga.

Located just 500 km to Sydney and 300 km to Melbourne, Albury is considered a major transport link between NSW and VIC, both road and railway. With 46 major projects underway, the Albury-Wodonga region is a growing, vibrant, and tranquil destination where locals and visitors can find time to stop, relax, unwind, and explore.

The Albury City Council is underpinned by their Community Strategic Plan called Towards Albury 2050. Towards Albury 2050 provides a long-term approach and plan for the future of the community. The plan is structured under four strategic directions or themes – A Growing Sustainable Economy, An Enhanced Natural Environment, A Caring Community and A Leading Community. For more information, you can visit https://www.alburycity.nsw.gov.au/council/future-planning/ albury-2050

The City of Albury, located in Wiradjuri country, has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities. Albury has a cosmopolitan feel that reflects a unique multicultural heritage.

Comparable Sales

Kristian Hopwood Director

T: (02) 6021 5233

M: 0473 888 821

E: kristian@steannicholls.com.au

David Stean

Commercial Sales & Projects

T: (02) 6021 5233

M: 0407 744 478

E: david@steannicholls.com.au

steannicholls.com.au 02 6021 5233 Suite 1, Unit 19, 669 Dean Street, Albury

Disclaimer

The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.

The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.

The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure:

All areas, measurements, boundaries, building outgoings and rents are approximate only and subject to final confirmation;

The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.

GST Disclaimer

Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.

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