Sold
Mates Centre Albury
569 Dean Street, Albury NSW
Sold

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.

 

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