449 Dean Street Albury NSW 2640
For Sale $3,570,000
'Location, Location, Location'
PRD Albury-Wodonga is pleased to offer to the market 449 Dean Street, Albury (also known as 449C) for sale.
With the age-old rule of 'Location, Location, Location' this property offers simply that - a prime slice of real estate, on the main street of the Albury CBD. Purchasing opportunities of this magnitude do not come along often with such buildings being tightly held.
Combining to achieve a total rental income per annum of $63,670.87 plus GST plus outgoings (excluding residential component), a full tenancy schedule along with the contract of sale is available upon request. A summarised version of the tenancy details is below:
Ground Floor: commercial restaurant, tenanted until 31st January 2025 with options, at $50,670.87 per annum plus GST plus outgoings.
First Floor: Three bedroom apartment, periodically leased at $13,000 per annum.
For Sale: $3,570,000
Council Rates: $4,46377 per annum
Water Rates: $855.25 per annum plus consumption
Building Insurance: $4,549.59 including GST (current policy in place with Adroit)
Land Tax: Not currently applicable
For more information or an inspection of this property, please contact Kate Stevens, PRD Albury-Wodonga on 0438 254 334 or email kate.stevens@prdalbury.com.au
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Kate StevensPRD Real Estate Albury