569 Dean Street, Albury
EXPRESSIONS OF INTEREST - ICONIC ALBURY CBD RETAIL INVESTMENT
The Mates Centre Albury is for sale by Expressions of Interest closing Wednesday 29th June, 2022 at 4pm AEST.
Stonebridge Property Group and L.J Coloquhoun Dixon are pleased to present for sale this 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 and 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* years (by area)
- Fully leased net operating income of $1,460,000* per annum with value-add and income growth potential
* Approximately
Stonebridge Property Group and L.J Coloquhoun Dixon are pleased to present for sale this 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 and 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* years (by area)
- Fully leased net operating income of $1,460,000* per annum with value-add and income growth potential
* Approximately
overview
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1P2564
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Retail
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Sold
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569 Dean Street Albury NSW
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9128 sqm