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Stonebridge Property Group - Sydney

569 Dean St Albury, NSW 2640

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569 Dean St,
Albury, NSW 2640

Shop & Retail

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Stonebridge Property Group - Sydney
Michael Collins
Rorey James

Stonebridge Property Group - Sydney

Level 7, 14 Martin Place
SYDNEY, NSW 2000
Stonebridge Property Group - Sydney
569 Dean St
Albury, NSW 2640

Map of 569 Dean St

Directions
  • Train stations within 5 km of 569 Dean St, Albury, NSW 2640Distance
    Albury Railway Station855 m
    Wodonga Station4.9 km
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  • Bus stops within 5 km of 569 Dean St, Albury, NSW 2640Distance
    QEII Square23 m
    Regional Arts Centre/Dean St (Albury (NSW))146 m
    Dean St Before Olive St247 m
    West End Plaza, Smollett St293 m
    Drummond Golf/Dean St (Albury (NSW))295 m
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POWERED BY HERE ©

Iconic Albury CBD Retail Investment with Value-Add Potential

  • JB Hi Fi, Tk Maxx, Lincraft & More
  • 89%* of passing income secured
  • Weighted average tenure of 9.8 years*
Stonebridge Property Group and L.J Coloquhoun Dixon are pleased to present for sale a landmark CBD retail investment that is positioned at the heart of Albury’s primary commercial and retail precinct.

The key highlights of the opportunity include:

- Longstanding anchor tenants of JB Hi-Fi, Tk Maxx, Lincraft & Cheap as Chips

- Over 9,128 sqm* sqm of lettable area.

- Commanding corner site in the tightly held retail and commercial hub of Albury

- Street parking as well as an adjacent council car park and close by multideck all-day car park

- 89%* of passing income secured by national/chain tenants

- Longstanding tenants with the centres’ weighted average tenure of 9.8 years1 (by area)

- Fully leased net operating income of $1,460,000* per annum with value-add & income growth potential

* Approximately

1 Average tenure to expiry

2 Albury Local Environment Plan 2010

The Mates Centre Albury is for sale by Expressions of Interest closing Wednesday 29th June 2022 at 4pm AEST.

To obtain further information or to arrange an inspection, please contact one of the exclusive selling agents.

Rorey James - Stonebridge | +61 439 400 0...

Michael Collins - Stonebridge | +61 404 023 2...

Andrew Dixon - L.J Colquhoun Dixon | +61 417 516 531

Property Code: 424

Property ID: 504083459Last Updated: 10 Aug 2022

Stonebridge Property Group - Sydney
Level 7, 14 Martin Place
SYDNEY, NSW 2000
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