492 Dean Street, Albury

SUPERB MAIN STREET FREEHOLD INVESTMENT

Dixon Commercial Real Estate are pleased to offer for sale 492 Dean Street, Albury via public auction on June 23 at 2.30pm on-site.

With a net lettable area of approximately 360 square metres over two (2) levels, the opportunity presents a freehold investment with two (2) quality and longstanding tenants.

The offering provides a rare opportunity to acquire a prominent retail investment in Albury's CBD, with a diversified tenant mix including a national apparel retailer (Just Jeans) and renowned hospitality operator (Level One Wine Bar).

Ground Level:
Tenant - Just Jeans Pty Ltd
Lease - Three (3) years commencing July 2022
Option - N/A
Rent - $61,746 per annum (plus GST and outgoings)

Level One:
Tenant - Level One Wine Bar Pty Ltd
Lease - Three (3) years commencing June 2021
Option - Three (3) years
Rent - $25,117.44 per annum (plus GST and outgoings)

Landlord is responsible for building insurance.

Terms: 10% deposit, balance 60 days.

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