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637 Dean Street,
Albury, NSW 2640
Shops & Retail
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Dixon Commercial Real Estate - Albury
576 Kiewa StreetALBURY, NSW 2640
![Dixon Commercial Real Estate - Albury](https://i1.au.reastatic.net/170x46-fit/1df43f1f0badcf01581f8277753c725c30828a9577ea7de9973d010b0bcd79f5/large.jpg)
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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