49 Victoria Street,
Dubbo, NSW 2830
Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
Price information
Sale
Contact Agent
Key property information
Land area
Floor area
Car spaces
Parking info
Property extent
Municipality
Tenure type
NABERS
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$604,373
Number of Tenants
1 Tenant
Tenants / Type
AutoPact Group
Private inspections
to arrange a private inspection.
Map of 49 Victoria Street
Triple Net Lease - Annual CPI Increases - Options until 2039
- National branded investment
- Multi franchised tenant
- Tenant 21 years in operation
Next Commercial is delighted to offer For Sale - 49 Victoria Street, Dubbo.
Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 28 independent sites across the eastern states of Australia which is controlled by Optimus Group Co., one of Japan's largest wholesalers of motor vehicles globally and Nikkei 225 listed.
Triple Net Lease ensures tenant is responsible for all outgoings including repairs, maintenance, and building improvements.
Enormous 6,803 sqm* developed site located on the Mitchell Highway forming the western perimeter of Dubbo CBD. Surrounding neighbours are national retailers OzCar, Yamaha, IGA, Battery World, AVIS, The Bottle’O, and Red Dirt Camping.
Investment Highlights:
+ Renewed 5-year Triple Net lease commencing January 2019, plus 3 x 5-year options to 2039
+ Modern 1,858 sqm* motor vehicle showrooms & 2 fully automated service centres
+ Encompassing 6,803 sqm* hardstand promoting 84 m* frontage to Victoria Street
+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements
+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)
+ Annual net income $529,282.92 (+GST)*
For Sale by Private Negotiation
(*approximate)
Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 28 independent sites across the eastern states of Australia which is controlled by Optimus Group Co., one of Japan's largest wholesalers of motor vehicles globally and Nikkei 225 listed.
Triple Net Lease ensures tenant is responsible for all outgoings including repairs, maintenance, and building improvements.
Enormous 6,803 sqm* developed site located on the Mitchell Highway forming the western perimeter of Dubbo CBD. Surrounding neighbours are national retailers OzCar, Yamaha, IGA, Battery World, AVIS, The Bottle’O, and Red Dirt Camping.
Investment Highlights:
+ Renewed 5-year Triple Net lease commencing January 2019, plus 3 x 5-year options to 2039
+ Modern 1,858 sqm* motor vehicle showrooms & 2 fully automated service centres
+ Encompassing 6,803 sqm* hardstand promoting 84 m* frontage to Victoria Street
+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements
+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)
+ Annual net income $529,282.92 (+GST)*
For Sale by Private Negotiation
(*approximate)
Property ID: 504129627Last Updated: 16 Feb 2024
04193222...
49 Victoria Street
Dubbo, NSW 2830
Next Commercial - SydneyMezz Level, 34-36 James Craig Road
ROZELLE, NSW 2039
ROZELLE, NSW 2039
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IGA Dubbo, 38 - 40 Victoria Street,Dubbo, NSW 2830 884 m²Shops & Retail • Showrooms & Large Format Retail • Warehouse, Factory & Industrial
