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DESCRIPTION:COMMANDING CBD INVESTMENT WITH NEW 14-YEAR LEASE AGREEMENT TO 
 ANCHOR TENANT\nDixon Commercial Real Estate are pleased to present 461 De
 an Street\, Albury for sale via Auction on Friday 10 July at 2:30pm on-si
 te.\n\nThis property presents a unique opportunity to secure a fully leas
 ed landmark commercial investment\, prominently positioned on the corner 
 of Albury's main street\, Dean Street\, and David Street in the heart of 
 the CBD. \n\nAnchored with a national tenant on a newly agreed 14-year le
 ase tenure\, the tenant profile is complemented with an established local
  businesses and residential rental income\, providing a versatile and div
 ersified investment with stability and upside.\n\nThe property comprises 
 five (5) separate income generating tenancies generating $185\,129 net pe
 r annum\, with all outgoings recoverable. \n\nTenancy 1  Zambrero's  Anch
 or Tenant \nRent - $115\,839 per annum + GST + Outgoings\nCommencement  N
 ovember 2018\nTenure  14 years\nOption  1 x 7 years\n\nTenancy 2  Kinetic
  Medicine\nRent - $28\,890 per annum + GST + Outgoings\nCommencement  Oct
 ober 2023\nTenure  3 years\nOption  1 x 3 years\n\nFirst Floor  Three (3)
  separate 1-bedroom residential apartments all leased on various tenures.
 \nTotal Rent - $40\,400 per annum\n\nRear lane access provides convenient
  delivery and service access\, accompanied by a private car park for both
  residential and commercial tenancies. \n\nKey features include:\n-  Comm
 anding main street corner site\n-  Well established and strong performing
  tenant profile anchored by a national food retailer\n-  Risk-averse inve
 stment with mix of commercial and residential\n-  Opportunity to own and 
 occupy (residential)\n-  Rear lane access (Abikhair Lane) off David Stree
 t\n\nThis is an ideal opportunity for investors seeking a secure and dive
 rsified income-producing asset\, underpinned by a prominent CBD corner po
 sition\, strong tenant covenant and long-term growth potential.\n\nTerms:
  10% deposit\, balance 60 days.
DTEND:20260710T153000
DTSTAMP:20260605T072253Z
DTSTART:20260710T143000
LOCATION:461 Dean Street\, Albury NSW
SEQUENCE:0
SUMMARY:Auction: 461 Dean Street\, Albury NSW
UID:CRE-2020897116-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>COMMANDING CBD INVESTMENT WITH NEW 
 14-YEAR LEASE AGREEMENT TO ANCHOR TENANT <br/> Dixon Commercial Real Esta
 te are pleased to present 461 Dean Street\, Albury for sale via Auction o
 n Friday 10 July at 2:30pm on-site. <br/>  <br/> This property presents a
  unique opportunity to secure a fully leased landmark commercial investme
 nt\, prominently positioned on the corner of Albury's main street\, Dean 
 Street\, and David Street in the heart of the CBD.  <br/>  <br/> Anchored
  with a national tenant on a newly agreed 14-year lease tenure\, the tena
 nt profile is complemented with an established local businesses and resid
 ential rental income\, providing a versatile and diversified investment w
 ith stability and upside. <br/>  <br/> The property comprises five (5) se
 parate income generating tenancies generating $185\,129 net per annum\, w
 ith all outgoings recoverable.  <br/>  <br/> Tenancy 1  Zambrero's  Ancho
 r Tenant  <br/> Rent - $115\,839 per annum + GST + Outgoings <br/> Commen
 cement  November 2018 <br/> Tenure  14 years <br/> Option  1 x 7 years <b
 r/>  <br/> Tenancy 2  Kinetic Medicine <br/> Rent - $28\,890 per annum + 
 GST + Outgoings <br/> Commencement  October 2023 <br/> Tenure  3 years <b
 r/> Option  1 x 3 years <br/>  <br/> First Floor  Three (3) separate 1-be
 droom residential apartments all leased on various tenures. <br/> Total R
 ent - $40\,400 per annum <br/>  <br/> Rear lane access provides convenien
 t delivery and service access\, accompanied by a private car park for bot
 h residential and commercial tenancies.  <br/>  <br/> Key features includ
 e: <br/> -  Commanding main street corner site <br/> -  Well established 
 and strong performing tenant profile anchored by a national food retailer
  <br/> -  Risk-averse investment with mix of commercial and residential <
 br/> -  Opportunity to own and occupy (residential) <br/> -  Rear lane ac
 cess (Abikhair Lane) off David Street <br/>  <br/> This is an ideal oppor
 tunity for investors seeking a secure and diversified income-producing as
 set\, underpinned by a prominent CBD corner position\, strong tenant cove
 nant and long-term growth potential. <br/>  <br/> Terms: 10% deposit\, ba
 lance 60 days.</P></body></html>
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