461 Dean St, Albury is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 499m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in May 2017.
Dixon Commercial Real Estate are pleased to present 461 Dean Street, Albury for sale via Auction on Friday 10 July at 2:30pm on-site.This property presents a unique opportunity to secure a fully leased landmark commercial investment, prominently positioned on the corner of Albury's main street, Dean Street, and David Street in the heart of the CBD. Anchored with a national tenant on a newly agreed 14-year lease tenure, the tenant profile is complemented with an established local businesses and residential rental income, providing a versatile and diversified investment with stability and upside.The property comprises five (5) separate income generating tenancies generating $185,129 net per annum, with all outgoings recoverable. Tenancy 1 Zambrero's Anchor Tenant Rent - $115,839 per annum + GST + OutgoingsCommencement November 2018Tenure 14 yearsOption 1 x 7 yearsTenancy 2 Kinetic MedicineRent - $28,890 per annum + GST + OutgoingsCommencement October 2023Tenure 3 yearsOption 1 x 3 yearsFirst Floor Three (3) separate 1-bedroom residential apartments all leased on various tenures.Total Rent - $40,400 per annumRear lane access provides convenient delivery and service access, accompanied by a private car park for both residential and commercial tenancies. Key features include:- Commanding main street corner site- Well established and strong performing tenant profile anchored by a national food retailer- Risk-averse investment with mix of commercial and residential- Opportunity to own and occupy (residential)- Rear lane access (Abikhair Lane) off David StreetThis is an ideal opportunity for investors seeking a secure and diversified income-producing asset, underpinned by a prominent CBD corner position, strong tenant covenant and long-term growth potential.Terms: 10% deposit, balance 60 days.
The size of Albury is approximately 5.7 square kilometres. There are 17 parks, covering nearly 30.8% of the total area. The population of Albury in 2016 was 4804 people. By 2021 the population was 4955 showing a population growth of 3.1% in the area during that time. The predominant age group in Albury is 60-69 years. Households in Albury are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albury work in a professional occupation.In 2021, 58.50% of the homes in Albury were owner-occupied compared with 59.10% in 2016.
Albury has 4,070 properties. Over the last 5 years, Houses in Albury have seen a 56.54% increase in median value, while Units have seen a 33.57% increase. As at 31 May 2026:
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