478 David Street, Albury

ALBURY CBD INVESTMENT OPPORTUNITY - OUTSTANDING COVENANT

Dixon Commercial Real Estate are pleased to offer for sale 478 David Street, Albury via public auction on Friday 1 March at 2.30pm on-site.

The opportunity presents a prominent commercial investment superbly positioned within Albury's CBD; only 100 metres from Dean Street.

The site comprises an area of approximately 525 square metres and has a frontage to David Street of 11 metres. The subject property comprises a building area of 167 square metres and features modern and newly renovated office accommodation and amenities, new air-conditioning and rear car parking for up to seven (7) vehicles.

The premises are occupied by Stewart Gould Real Estate, who are a strong performing Estate Agent and renowned as a market leader.

Lease Details:
Tenant: Stewart Gould Real Estate
Net Rent: $46,236 per annum + GST
Lease Commencement: 1 March, 2021
Term: Five (5) years
Option: Five (5) years
Rent Review: Annually to CPI

Terms: 10% deposit, balance 60 days.

For more information, or to request a copy of the Information Memorandum, please contact the Sales Agents below.