BEGIN:VCALENDAR PRODID:-//commercialrealestate.com.au//NONSGML ical.net 4.0//EN VERSION:2.0 BEGIN:VEVENT DESCRIPTION:Blue Chip Albury CBD Investment\nStean Nicholls Commercial is delighted to offer to market the iconic 1920s landmark at 611 Dean Street \, Albury\, available For Sale via an onsite Auction\, 12.30PM Friday 22n d May 2026.\n\nProminently positioned in the heart of the Albury CBD\, th is near fully occupied\, multi level\, multi tenanted asset commands atte ntion with its classic period façade and character interiors. Meticulousl y maintained\, the property comprises approximately 665 sqm* of lettable area across 15 versatile suites.\n\nThe investment is underpinned by stro ng occupancy fundamentals\, with the majority of tenants secured on lease s featuring regular CPI or fixed annual rent reviews\, supporting consist ent income growth. A number of leases include options or are currently in renewal\, highlighting tenant commitment and the enduring appeal of this blue chip CBD location.\n\nKey investment highlights\n Total lettable ar ea of approximately 665 sqm* across 15 suites\n Current passing income of $196\,713.60 per annum (ex GST)\n Multiple tenancies with CPI and fixed 3% annual increases\n Established tenant mix including professional\, all ied health and service based \n occupiers\n Staggered lease expiri es from 2026 to 2028\, providing income diversification \n and ris k mitigation\n\n611 Dean Street provides astute investors with an excepti onal opportunity to secure a tightly held CBD asset and leverage Albury's compelling growth story. The Albury Wodonga region is recognised as one of inland New South Wales' strongest performing regional centres\, with p opulation growth forecast in the order of 1418%* between 2024 and 2034\, underpinned by sustained migration\, employment expansion and ongoing inv estment in local infrastructure.\n\nSale Process \nAuction: 12.30PM Frid ay 22nd May \nTerms: 10% deposit\, balance flexible 60 days. DTEND:20260522T133000 DTSTAMP:20260410T121928Z DTSTART:20260522T123000 LOCATION:611 Dean Street\, Albury NSW SEQUENCE:0 SUMMARY:Auction: 611 Dean Street\, Albury NSW UID:CRE-2020751952-Auction X-ALT-DESC;FMTTYPE=text/html:< title>

Blue Chip Albury CBD Investment
Stean Nicholls Commercial is delighted to offer to market the iconic 1 920s landmark at 611 Dean Street\, Albury\, available For Sale via an ons ite Auction\, 12.30PM Friday 22nd May 2026.\n
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Prominently positioned in the heart of the Albury CBD\, this near fully occupied\, mu lti level\, multi tenanted asset commands attention with its classic peri od façade and character interiors. Meticulously maintained\, the property comprises approximately 665 sqm* of lettable area across 15 versatile su ites.\n
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The investment is underpinned by strong occupancy fundamentals\, with the majority of tenants secured on leases featuring r egular CPI or fixed annual rent reviews\, supporting consistent income gr owth. A number of leases include options or are currently in renewal\, hi ghlighting tenant commitment and the enduring appeal of this blue chip CB D location.\n
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Key investment highlights\n
Total let table area of approximately 665 sqm* across 15 suites\n
Current pa ssing income of $196\,713.60 per annum (ex GST)\n
Multiple tenanci es with CPI and fixed 3% annual increases\n
Established tenant mix including professional\, allied health and service based \n
occupiers\n
Staggered lease expiries from 2026 to 2028\, providi ng income diversification \n
and risk mitigation\n
\n
611 Dean Street provides astute investors with an exceptional oppo rtunity to secure a tightly held CBD asset and leverage Albury's compelli ng growth story. The Albury Wodonga region is recognised as one of inland New South Wales' strongest performing regional centres\, with population growth forecast in the order of 1418%* between 2024 and 2034\, underpinn ed by sustained migration\, employment expansion and ongoing investment i n local infrastructure.\n
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Sale Process \n
Auction: 12.30PM Friday 22nd May \n
Terms: 10% deposit\, balance flexible 60 days.

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