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Long Established Commonwealth Bank Branch

482 Dean Street, ALBURY NSW, 2640

For Sale

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

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000

Listing ID:
11324631
Status:
Active
For:
Sale
Price:
$3,900,000
Last Updated:
22/03/2019
Icon building

Property Type

Retail/Offices/Land/Development
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Land Area

490 SQM
Icon size

Floor Area

856 SQM
Icon parking

Parking

N/A

Long Established Commonwealth Bank Branch

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

Private Sale

For more details, please email agent

Burgess Rawson & Associates Pty Ltd

Level 7, 140 Bourke Street, Melbourne, VIC 3000


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