482 Dean Street, Albury, NSW 2640

Investment | Offices | Retail

For Sale $3,900,000

  • Property ID: 315311
  • Floor Area: 856m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
RENEWED 3 YEAR LEASE PLUS OPTIONS THROUGH TO 2027

- Fixed 3% increases assuring growth
- $500k tenant refurbishment in 2015
- Commonwealth Bank of Australia - the largest ASX listed company with a market cap rate of $122 billion (November 2018)
- Net lease with tenant paying all outgoings including Land Tax
- High profile 490 sqm CBD site with 12m retail frontage, plus rear access
- Impressive 856 sqm building over two levels - 100% occupied by CBA
- Absolute premier CBD position amongst many national retailers on Dean Street and adjoins Centrepoint SC incl. Woolworths, Myer etc.
- Albury/Wodonga: strategically located Murray River twin-cities, recognised together as one of Australia's largest and progressive regional centres, servicing a population in excess of 170,000
- Rent: $208,000 pa

Albury Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $3826 $281 7.34%
Retail $2710 $261 9.62%
Industrial $1188 $78 6.57%
This is the average advertised price, rent and yield for Albury, NSW 2640*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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