76 Dandaloo Street,
Narromine, NSW 2821
Shops & Retail
Key property information
Land area
Floor area
Tenure type
Sold on
Map of 76 Dandaloo Street
Coles Supermarket Anchored Shopping Centre. Significant Value Add Opportunity.
Coles Supermarket, Liquorland & 6 shops with Westpac ATM.
Lease to Coles Supermarkets (incl. Liquorland) until Feb. 2022 plus 2 x 10 year options extending to 2042.
Westpac ATM with 5 year lease until Oct. 2019.
Substantial 5,143 sqm site close to Aust. Post, NAB & ANZ.
Excellent parking with 52 on-title car spaces and adjacent to Council carpark of 40 car spaces.
Narromine Shire: strategic NSW Central West location just 20 minutes drive from Dubbo.
Dominant supermarket in the catchment with Coles paying percentage turnover rent (store sales up 3.1% YTD).
Value add opportunity with potential to realise 100% occupancy.
Current Net Income: $321,497 pa + GST (fully leased net income of $355,142 pa + GST).
(Note: Nearby Coles Supermarket investment at Wellington also available with Net Income: $283,613 pa + GST).
Lease to Coles Supermarkets (incl. Liquorland) until Feb. 2022 plus 2 x 10 year options extending to 2042.
Westpac ATM with 5 year lease until Oct. 2019.
Substantial 5,143 sqm site close to Aust. Post, NAB & ANZ.
Excellent parking with 52 on-title car spaces and adjacent to Council carpark of 40 car spaces.
Narromine Shire: strategic NSW Central West location just 20 minutes drive from Dubbo.
Dominant supermarket in the catchment with Coles paying percentage turnover rent (store sales up 3.1% YTD).
Value add opportunity with potential to realise 100% occupancy.
Current Net Income: $321,497 pa + GST (fully leased net income of $355,142 pa + GST).
(Note: Nearby Coles Supermarket investment at Wellington also available with Net Income: $283,613 pa + GST).
Narromine, 2821 demographic data
The median household income for Narromine is $1,306, 9% lower than Regional New South Wales's household income of $1,434. Narromine has a younger age profile compared to the rest of Regional New South Wales (median age 39 vs 43). Property ownership data shows 42% of property owners in Narromine have a mortgage.
4,608
Population
$1,306 per week
Median household income
39 years
Median age
Owners
Most residents
Families
Most households
04112262...
76 Dandaloo Street
Narromine, NSW 2821
CBRE - NSWLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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