1-3/1099 Nowra Street, North Albury, NSW 2640

Price Guide: $1,100,000 - $1,200,000

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings
734 m²
Area

Last updated on Monday, August 03, 2026 ( See property details for 1-3/1099 Nowra Street, North Albury, NSW 2640)

Price Guide: $1,100,000 - $1,200,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare investment opportunity to acquire a fully leased, well-maintained block of three units in a prime North Albury location with strong income and future growth potential.

🏡 Property Highlights

  • Entire block of three well-maintained units on one title
  • Generous 734m² allotment with private yards for each unit
  • Strong combined rental income of $1,260 per week with long-term tenants
  • Fully renovated and modernised units with updated features
  • Excellent investment potential for SMSF investors and seasoned portfolios
  • Prime location close to schools, parks, shopping, and public transport

✨ Key Features

  • Built in robes
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Water tank
  • Floorboards
  • Pet-Friendly
  • Fully fenced

North Albury offers a vibrant community with excellent amenities, including schools, parks, shopping centres, and public transport. Its strategic location provides easy access to the CBD, making it highly desirable for tenants and investors alike. The area boasts strong rental demand, ongoing growth prospects, and a welcoming neighbourhood atmosphere. With a mix of established homes and modern developments, North Albury is an ideal location for long-term property investment.

What is the current rental income and lease terms for the units?
The combined rental income is $1,260 per week, with all three units leased on fixed-term agreements until November 2026, February 2027, and February 2027 respectively.
Are there any recent renovations or upgrades to the units?
Yes, all units have been renovated, including updated bathrooms, new flooring, a brand new kitchen in Unit 2, and fresh paint, ensuring modern and low-maintenance living.
What is the potential for future capital growth in this area?
North Albury is a growth-oriented suburb with ongoing development, strong rental demand, and proximity to amenities, offering promising future capital appreciation.
Are there any restrictions or covenants on the property?
The property is on one title with three separate units, and there are no known restrictions or covenants affecting the units' use or leasing.
What are the maintenance requirements for the units and yard?
The units are well-maintained, with modern updates, and the private yards are low-maintenance, making this an ideal set-and-forget investment.
Are there any upcoming planned developments or zoning changes in the area that could affect the property's value? What are the total council rates, water rates, and strata or management fees applicable to the property? Are there any easements, covenants, or restrictions on the property that could impact future renovations or use? Has the property been inspected for pests, structural issues, or other defects recently? Is there any history of flooding, bushfire risk, or other environmental hazards in this location? Are there any ongoing or upcoming maintenance costs for shared infrastructure or common areas? What are the terms of the existing leases, and are there any rent review clauses? Are there any restrictions on pets or other tenant conditions in the leases? Is there any planned infrastructure or construction nearby that could impact the property or tenants? What are the long-term plans for the surrounding neighbourhood and how might they influence property value?

1-3/1099 Nowra Street, North Albury, NSW 2640 - More Details

Price Guide: $1,100,000 - $1,200,000

A rare opportunity to secure an entire block of three well-maintained units on one title in the heart of North Albury, offering immediate income, long-term security and outstanding investment potential.

Positioned on a generous 734m² (approx.) allotment, 1099 Nowra Street, North Albury delivers a combined rental return of $1,260 per week, with all three units leased on fixed-term agreements, making this an ideal addition to any investment portfolio.

Each unit comprises 2 bedrooms, 1 bathroom, a single carport and its own private yard, providing strong tenant appeal and low-maintenance living.

Property Highlights:

• Entire block of 3 units on one title
• 734m² (approx.) allotment
• Combined rental income of $1,260 per week
• Three quality long-term tenancies already in place
• Private yards and dedicated carports for each residence
• Excellent opportunity for SMSF investors, seasoned investors or those seeking a set-and-forget investment

Unit 1
• 2 bedrooms | 1 bathroom | 1 carport
• Currently leased at $425 per week until November 2026
• Renovated bathroom
• Updated flooring
• Valuable side access from the front yard

Unit 2
• 2 bedrooms | 1 bathroom | 1 carport
• Fully renovated throughout
• Brand new kitchen
• Renovated bathroom
• New flooring and fresh paint
• Currently leased at $425 per week until February 2027

Unit 3
• 2 bedrooms | 1 bathroom | 1 carport
• Modern bathroom
• Exceptionally neat and well maintained
• Largest private yard of the three
• Rear access directly to the carport
• Currently leased at $410 per week until February 2027

Located in a convenient North Albury position close to schools, parks, shopping centres, public transport and only minutes from Albury CBD, this is a premium investment opportunity offering immediate cash flow with future growth potential.

Whether you're expanding your portfolio, investing through your SMSF or searching for a high-performing asset with strong rental demand, 1099 Nowra Street is an opportunity not to be missed.

Please note: To respect tenant privacy, the images presented have been digitally staged to remove existing furnishings.
Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3
Area
734 m²

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