647 Elm Street, Albury, NSW 2640

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Block Of Units
Type
4
Bedrooms
3
Bathrooms
6
Parkings
866.3 m²
Area

Published on Saturday, June 27, 2026 ( See property details for 647 Elm Street, Albury, NSW 2640)

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

A rare and versatile investment property in central Albury offering three units on a large allotment with redevelopment potential.

🏡 Property Highlights

  • Versatile investment opportunity with three units on a generous 866.3m² allotment
  • Central Albury location with strong rental appeal
  • Potential for future redevelopment (STCA)
  • Vacant possession available for immediate occupancy or leasing
  • Flexible living arrangements suitable for multi-generational families
  • Includes two one-bedroom units and one two-bedroom unit

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Laundry
  • Carport
  • Multiple Living Spaces
  • Potential for Redevelopment
  • Vacant Possession
  • Central Location

Albury is a vibrant regional city renowned for its strong community, excellent amenities, and central location. It offers a diverse lifestyle with access to parks, shopping, and transport. The suburb's growth potential makes it an attractive choice for investors and families alike. Its proximity to major transport links and services ensures convenience and connectivity. Albury's welcoming atmosphere and ongoing development opportunities make it a highly desirable place to live and invest.

What is the current condition of the units and the property overall?
The property has been maintained to a good standard, with all units in habitable condition, ready for immediate occupancy or leasing. Further inspections are recommended for detailed assessment.
Are there any planning or zoning restrictions for future redevelopment?
Future redevelopment is subject to council approval (STCA). It is advisable to consult with local planning authorities for specific zoning and development guidelines.
What are the rental potential and current rental income for the units?
The units have strong rental appeal due to their central location and configuration. Exact rental income can vary; a local property manager can provide current market estimates.
Is there any existing body corporate or strata management in place?
As a block of units, the property may be subject to strata or body corporate arrangements. Details should be confirmed with the seller or relevant authorities.
Are there any known issues or defects with the property?
No known issues are reported; however, a thorough building inspection is recommended prior to purchase.
Are there any easements, covenants, or zoning restrictions affecting the property? What are the council rates and any additional levies or fees? Are there any planned developments or construction nearby that could impact the property? Has the property been affected by flooding or bushfire risks? Are there any existing warranties or guarantees on the property or its fixtures? Is there any history of pest infestations or structural issues? What are the terms of vacant possession and are there any tenancy agreements in place? Are there any restrictions on future redevelopment or subdivision? What are the total costs involved in maintaining or upgrading the property? Is there any ongoing or upcoming local infrastructure or planning projects that could influence property value?

647 Elm Street, Albury, NSW 2640 - More Details

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Type
Block Of Units
Bedrooms
4
Bathrooms
3
Parkings
6
Area
866.3 m²

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