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482 Dean Street Albury NSW 2640

  • Retail
  • 856 m²
  • For Sale, $3,900,000

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

Property Highlights

Property ID2014763820
Floor Area856 m²
Land Area490 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  22 Mar 2019
Map for 482 Dean Street Albury NSW 2640
Burgess Rawson & Associates
Level 7, 140 Bourke Street Melbourne VIC 3000

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