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New Coles Lease. Strategic Freestanding Large Format Liquor Freehold.

417 Dean Street , Albury NSW

Property Highlights

Key 3,036sqm Corner Site
Brand New Lease to Coles Group
The Most Prominent Corner in Town

Description

One of the most important sites in Albury/Wodonga at the gateway to Dean Street – the most prestigious retail strip in the region.
Long standing tenant, Liquorland, with renewed lease commitment to June 2023 plus further options.
Liquorland (trading as First Choice Liquor): a subsidiary of Coles Group Ltd ($39.2 billion FY17 revenue) with 897 liquor stores.
Major 3,036 sqm land holding with retail frontage of 111 metres to the most prominent corner in town and 43 at grade car parks on-title.
Modern, high profile retail premises, constructed in 2008.
Annual rent reviews with tenant paying all Rates and Taxes.
Supported by blue-chip retailers including Dan Murphy’s, Mercedes Benz, Woolworths Petrol, Officeworks, The Good Guys, Petbarn and Repco.
Albury/Wodonga: One of Australia’s largest and most progressive regional centres, servicing a trade catchment of approximately 170,000 people.
Rent: $341,903 pa plus outgoings.

Auction 11am AEST Wednesday 20 June 2018
River Room, Crown Casino, Melbourne

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Liquor
Land Size
3,036 SQM
Building Area
1,200 SQM

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