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.
For further information or to arrange an inspection, please contact the Stonebridge team.

https://vimeo.com/718171646