Share this property

realcommercial.com.au
Dixon Commercial Real Estate - Albury

637 Dean Street Albury, NSW 2640

Directions

637 Dean Street,
Albury, NSW 2640

Shops & Retail

Price information

Sold

Contact Agent

Key property information

Floor area

Tenure type

Sold on

Dixon Commercial Real Estate - Albury
Chris Brown
Oscar Dixon

Dixon Commercial Real Estate - Albury

576 Kiewa Street
ALBURY, NSW 2640
Dixon Commercial Real Estate - Albury
637 Dean Street
Albury, NSW 2640

Map of 637 Dean Street

Directions

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.

Property ID: 504451652Last Updated: 2 Feb 2024

Make an enquiry

What's your enquiry about?

Enter your details

More properties from Dixon Commercial Real Estate - Albury

Other properties you might be interested in based on the location and property type you are looking at.