Colliers International is proud to exclusively present 235 Dairy Flat Highway, Albany, to the market for sale By Deadline Private Treaty closing Wednesday, 9th September 2020 (unless sold prior).
Astute investors looking for higher returns must consider this fully tenanted asset located on the edge of the fast growing Albany commercial and residential basin. Local businesses include The Warehouse, Pak N Save, Albany Toyota, Placemakers, Quest Hotel, among others, and all supported by a strong local residential catchment, aged care centres and the local Coatesville community.
235 Dairy Flat Highway has a diversified income stream, with 4 tenants returning a total of $138,377 pa + GST + Outgoings, underpinned by two long-standing anchor tenants on long lease terms (Laundromat + Bar / Restaurant).
The recently painted and well cared for 428 sqm standalone building has both a front and rear retail presence to passing traffic, and sits on a 809 sqm fee simple title - zoned Local Centre.
Investment assets in Albany village rarely come to the market for sale. After well over a decade of positive ownership, the vendors have decided to pass on the baton.
Call the sole agents today for a site visit or further information.
Matt Prentice 021 464 904 Shoneet Chand 021 400 765
Ref #: 20507817
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