637 Dean Street,
Albury, NSW 2640
Shops & Retail
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Dixon Commercial Real Estate - Albury
576 Kiewa StreetALBURY, NSW 2640
637 Dean Street
Albury, NSW 2640
Map of 637 Dean Street
ICONIC DEAN STREET FREEHOLD OPPORTUNITY
Dixon Commercial Real Estate are pleased to offer for sale 'The Beehive Building', a landmark CBD retail investment on Albury's main street, via an on-site auction on Friday December 1st at 2.30pm..
The prominent corner site is positioned on a total area of approximately 360 square metres, and has a 14-metre frontage to Dean Street, and a 26-metre frontage to Townsend Street. The site is complemented with rear lane access off Townsend Street.
This fully leased investment comprises four (4) separate tenancies totalling a Net Lettable Area of 463 square metres, of which three (3) tenancies are positioned on street level, and one (1) tenancy on Level 1.
The net passing income is $103,236 per annum, with each tenancy occupied on long-term tenures with varying expiries.
The offering presents an opportunity for buyers to invest in the medium to long-term, with an opportunity for future development (STCA) of an iconic Albury building.
To request a breakdown of the tenancies or to arrange an inspection, please contact the agents below.
Terms: 10% deposit, balance 60 days.
The prominent corner site is positioned on a total area of approximately 360 square metres, and has a 14-metre frontage to Dean Street, and a 26-metre frontage to Townsend Street. The site is complemented with rear lane access off Townsend Street.
This fully leased investment comprises four (4) separate tenancies totalling a Net Lettable Area of 463 square metres, of which three (3) tenancies are positioned on street level, and one (1) tenancy on Level 1.
The net passing income is $103,236 per annum, with each tenancy occupied on long-term tenures with varying expiries.
The offering presents an opportunity for buyers to invest in the medium to long-term, with an opportunity for future development (STCA) of an iconic Albury building.
To request a breakdown of the tenancies or to arrange an inspection, please contact the agents below.
Terms: 10% deposit, balance 60 days.
Property ID: 504451652Last Updated: 2 Feb 2024
Dixon Commercial Real Estate - Albury576 Kiewa Street
ALBURY, NSW 2640
ALBURY, NSW 2640
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