Long Established Commonwealth Bank Branch

482 dean street, albury nsw

Price: $3,900,000

  • Renewed 3 year lease plus options
  • Fixed 3% increases assuring growth
  • $500k tenant refurbishment in 2015

Property Details

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

Private Sale

Featured Details

Current Tenant Tenanted
Gross Building Area 856 sqm
Land Size 490 sqm
Rent Period Annually

Property Enquiry

Regarding Property ID: VIC002586

Thank you for showing interest in us.

Contact Details

Office Details

Level 7, 140 Bourke Street, Melbourne VIC 3000

T 03 9613 0400 E reception@burgessrawson.com.au

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