569 Dean St,
Albury, NSW 2640
Shops & Retail
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Stonebridge Property Group - Sydney
Level 7, 14 Martin PlaceSYDNEY, NSW 2000
569 Dean St
Albury, NSW 2640
Map of 569 Dean St
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
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: 8 Nov 2022
Stonebridge Property Group - SydneyLevel 7, 14 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000