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CBRE - VIC

4R Wellington Road Dubbo, NSW 2830

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4R Wellington Road,
Dubbo, NSW 2830

Medical & Consulting • Shops & Retail • Other

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CBRE - VIC
Natalie Couper
Adam Thomas

CBRE - VIC

Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - VIC
4R Wellington Road
Dubbo, NSW 2830

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Childcare Investment Lease to National Provider | 20 Year Net Lease to 2036

  • 20 Year Net Lease + option to 2046
  • Min 3% annual rent increases
  • High profile 4,114 sqm site
+ Secure 20 year net lease to Imagine to 2036
+ One further 10 year option to 2046
+ Imagine Childcare & Kindergarten: long established and highly successful early education provider with 21 centres nationally
+ Minimum 3% annual rent increases, plus ‘ratchet provisions’ at market review, guaranteeing rental growth
+ Tenant pays 100% of outgoings including management fees
+ As new purpose-built child care facility, licensed for 124 LDC places
+ High profile 4,114 sqm corner site with 31 car spaces
+ Situated within complementary educational precinct and only 800 metres from two primary schools
+ Strategic position fronting the Mitchell Highway and metres from McDonald’s, Bunnings, KFC, Anytime Fitness and Pet Barn
+ Land Tax exempt commercial investment
+ Dubbo: major service centre of the Orana Region with a retail catchment population in excess of 120,000 residents
+ Childcare/Early Education is an essential service and one of Australia’s most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $429,023 pa + GST and Outgoings

For Sale by Investment Portfolio Auction
11am (AEDT) Tuesday 9 November 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

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Dubbo, 2830 demographic data

The median household income for Dubbo is $1,690, 18% higher than Regional New South Wales's household income of $1,434. Dubbo has a younger age profile compared to the rest of Regional New South Wales (median age 35 vs 43). Property ownership data shows 53% of property owners in Dubbo have a mortgage.

43,516
Population
$1,690 per week
Median household income
35 years
Median age
Owners
Most residents
Families
Most households
CBRE - VIC
Level 34, 8 Exhibition Street
MELBOURNE, VIC 3000
CBRE - NSW
Level 21, 363 George Street
SYDNEY, NSW 2000

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