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RENEWED 3 YEAR LEASE PLUS OPTIONS THROUGH TO 2027

482 Dean Street, ALBURY NSW, 2640

For Sale

Property for Sale in 482 Dean Street, ALBURY NSW, 2640

L.J Colquhoun Dixon Commercial Real Estate

576 Kiewa Street, Albury, NSW 2640

Listing ID:
11324607
Status:
Active
For:
Sale
Price:
$3,900,000
Last Updated:
22/05/2020
Icon building

Property Type

Offices/Retail
Icon square

Land Area

N/A
Icon size

Floor Area

856 SQM
Icon parking

Parking

N/A

RENEWED 3 YEAR LEASE PLUS OPTIONS THROUGH TO 2027

- Fixed 3% increases assuring growth
- $500k tenant refurbishment in 2015
- Commonwealth Bank of Australia - the largest ASX listed company with a market cap rate of $122 billion (November 2018)
- Net lease with tenant paying all outgoings including Land Tax
- High profile 490 sqm CBD site with 12m retail frontage, plus rear access
- Impressive 856 sqm building over two levels - 100% occupied by CBA
- Absolute premier CBD position amongst many national retailers on Dean Street and adjoins Centrepoint SC incl. Woolworths, Myer etc.
- Albury/Wodonga: strategically located Murray River twin-cities, recognised together as one of Australia's largest and progressive regional centres, servicing a population in excess of 170,000
- Rent: $208,000 pa

For more details, please email agent

L.J Colquhoun Dixon Commercial Real Estate

576 Kiewa Street, Albury, NSW 2640


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