136 Macquarie Street, Dubbo, NSW 2830
Floor Area:
155sqm
Land Area:
234sqm
For Sale
$980,000
A-Grade CBD Investment Opportunity
Raine & Horne Commercial Dubbo proudly presents the sale of 136 Macquarie Street, a premier commercial property located within the most prominent retail and business strip in Dubbo's bustling CBD. This property is a prime investment opportunity, boasting a new 5-year lease to the renowned multinational retailer Taking Shape, ensuring a stable and lucrative income stream.
Key Investment Highlights:
• Long-Term Lease: Secure new 5-year lease in place to 30 November 2028 with a 5-year option to 2032.
• Taking Shape: highly respected multinational clothes retailer with over 160 locations across Australia and New Zealand.
• Attractive Rental Income: Enjoy a gross rent of $60,565 per annum plus GST, with compounding 3.25% fixed annual rent increases, ensuring steady growth in rental income.
• Prime Location: Strategically positioned on Macquarie Street, Dubbo's premier retail strip, this property benefits from high foot traffic and exceptional visibility.
• High-Profile Retail Strip: Surrounded by national retailers such as Myer, Best & Less, Black Pepper, and Blue Illusion. Financial institutions including NAB, Westpac, St George Bank, Greater Building Society, and BOQ further enhance the prestige and traffic of the location.
• Flexible Zoning: E2 Commercial Centre Zoning offers flexibility for various commercial uses, enhancing the property's long-term value and potential.
• New Roof: The Vendor has recently replaced the roof, ensuring a watertight investment.
For more information, please contact the exclusive selling agents Joe Burgun 0418 649 871 & Thomas Haylock 0400 372 389 at Raine & Horne Commercial Dubbo.
Joe Burgun
Director
Thomas Haylock
Commercial Sales and Leasing
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L28108221
- Property Type:Retail
- Building / Floor Area:155 sqm
- Land Area:234 sqm
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Craig Betalli
Mortgage Broker
Provided By