Executive Summary
A LANDMARK OPPORTUNITY FOR DEVELOPERS AND INVESTORS
Situated in the heart of Albury, 663 Dean Street offers a rare and premium development opportunity with DAapproved plans for a six-storey, mixed-use building. This exciting project includes 17 luxury residential apartments, a ground-floor commercial tenancy, and a basement car park. This is an exceptional chance to acquire a development-ready site in a high-demand location.
What You’re Acquiring:
• Architectural Plans (DA Approved): Designed and developed by Techne
• Development Consent: Six-storey, 17 apartments, commercial space, and basement parking
• Quantity Surveyor’s Report: Provided by Berkowitz and Associates, a top-tier QS firm
• Full Set of Rendered Images: Ready for your sales campaign, designed by Gabriel Saunders
• 2 x External images
• 2 x Kitchen images
• 2 x Bathroom images
• 1 x Living space with outlook
• Marketing Floor Plans
• Sales Forecast/Breakdown: Potential sales figures for informed investment
Transforming a Historic Landmark
The Ambulance Station Apartments will breathe new life into Albury’s iconic 1934 Ambulance Station, creating a sophisticated blend of heritage and modern luxury. Featuring:
• 17 thoughtfully designed apartments (1-3 bedrooms)
• A commercial space on the ground floor
• 28 car parks, including basement and external parking
The development incorporates timeless design elements inspired by the nearby Albury Botanic Gardens and the building’s classical heritage, ensuring a blend of symmetry, soft curves, and elegant details. The apartments will offer spacious, house-like comforts with high-end materials and communal areas that enhance the living experience.
Prime Location – Dean Street, Albury
This property offers unmatched location advantages:
• Overlooks the Botanical Gardens and is just minutes from the Murray River
• Positioned in Albury’s bustling commercial and shopping district
• Surrounded by cafes, restaurants, retail stores, and boutique shops
• Residents can enjoy easy access to a range of services and amenities, all within walking distance.
Executive Summary
DEVELOPMENT READY – PRIME OPPORTUNITY AT 663 DEAN STREET, ALBURY
DA-Approved 6-Storey Luxury Apartment Development
Property Type Residential
Sub-Type
Land Area
Apartment Site, Land Site
907m² (approx.)
Land Use Zoning MU1 - Mixed Use Zone
Planning authority Albury City Council
Description DA Approved - Six (6) Storey Shop Top Housing Development, Comprising of Seventeen (17) Residential Apartments, Ground Floor Commercial Tenancy, Basement Carpark & Eighteen (18) Lot Strata Title Subdivision
Sale Process
Expressions of Interest –Closing Thursday 29th May at 1:00pm
Agent Details
David Stean / Stean Nicholls Projects / 0407 744 478 / david@snprojects.com.au
Kristian Hopwood / Stean Nicholls Commercial / 0473 888 821 / kristian@steannicholls.com.au
Highlights
663 Dean Street, Albury is located in Albury’s main street and is geographically positioned in the ‘growth corridor’ of Albury, 3kms from the Hume Freeway on/off ramp, this strategic location is on Australia’s main transport corridor which allows for easy access to Albury and all its amenities.
LOCATION
• 3kms from Hume Highway On/Off ramp (Davey Road)
• Located in Albury’s CBD
• 4.9kms from Albury Airport
• 4.7kms from Wodonga CBD
• 324kms from Melbourne CBD
• 552kms from Sydney CBD
• 339kms from Canberra CBD
REGION STATS
• Albury/Wodonga population 101,793
• Over 20% of Albury/Wodonga’s population are over 60 years old
• Albury/Wodonga is recognised as Australia’s 20th largest city
• Largest industry sector is health care and associated social assistance, retail trade and manufacturing
• The Albury Wodonga economy is strong with a combined gross regional product of $7.667 Billion
• Albury/Wodonga’s population is forecast to hit 125,000 by 2036
Around The Area
Albury is a major regional city in New South Wales, located on the Hume Highway on the Northern side of the Murray River, while its twin sister Wodonga lays on the southern side of the Murray River in Victoria. Albury has an urban population of over 50,000 and a combined population of over 100,000 with Wodonga.
Located just 552 km to Sydney and 324 km to Melbourne, Albury is considered a major transport link between NSW and VIC, both road and railway. With 46 major projects underway, the Albury-Wodonga region is a growing, vibrant, and tranquil destination where locals and visitors can find time to stop, relax, unwind, and explore.
The Albury City Council is underpinned by their Community Strategic Plan called Towards Albury 2050. Towards Albury 2050 provides a long-term approach and plan for the future of the community. The plan is structured under four strategic directions or themes – A Growing Sustainable Economy, An Enhanced Natural Environment, A Caring Community and A Leading Community. For more information, you can visit https://www.alburycity.nsw.gov.au/council/future-planning/ albury-2050
The City of Albury, located in Wiradjuri country, has a bustling economy, world-class medical and health services, a vibrant cultural and artistic scene, sporting facilities to rival those of the capital cities. Albury has a cosmopolitan feel that reflects a unique multicultural heritage.
ARTIST’S IMPRESSION
ARTIST’S IMPRESSION
ARTIST’S IMPRESSION
ARTIST’S IMPRESSION
steannicholls.com.au 02 6021 5233 Suite 1, Unit 19, 669 Dean Street, Albury
Disclaimer
The information contained in this information memorandum has been prepared in good faith and due care by the Vendor and Stean Nicholls. Any projections contained in the information memorandum therefore, represent best estimates only and may be based on assumptions.
The information contained herein is supplied without any representation as to its truth or accuracy. All interested parties should make their own enquiries to satisfy themselves in all aspects and obtain their own independent advice in order to verify any of the information. All stated dimensions and areas are approximate.
The vendor does not represent or warrant the accuracy of any information contained in this document. Subject to any statutory limitation on its ability to do so, the vendor disclaims all liability under any cause of action, including negligence, for any loss arising from reliance on this document. Specifically, we make the following disclosure:
All areas, measurements, boundaries, building outgoings and rents are approximate only and subject to final confirmation;
The information contained in this document is provided as a guide and an aid to further investigation by potential purchasers. Prospective purchasers should seek legal, financial and other appropriate expert advice in order the verify the accuracy of the information presented in this document.
GST Disclaimer
Stean Nicholls advises that the financial information in this report relating to income, outgoings and the like is provided without reference to the possible impact of GST, if any. Purchasers should make their own assessment of the impact of GST on the investments and the returns derived there from after obtaining expert professional advice.