59-71 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.
$610,478
Number of Tenants
1 Tenant
Tenants / Type
AutoPact Group
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to arrange a private inspection.
Map of 59-71 Victoria Street
Train stations within 5 km of 59-71 Victoria Street, Dubbo, NSW 2830 Distance Dubbo Station 1.7 km POWERED BY HERE ©Bus stops within 5 km of 59-71 Victoria Street, Dubbo, NSW 2830 Distance North St After Victoria St 78 m Victoria St at Young St 227 m Bunglegumbie Rd at Thompson St 299 m Baird St Before North St 336 m Thompson St Opp Menzies Av 353 m POWERED BY HERE ©
POWERED BY HERE ©
'Multi Franchise Retail Investment, Brand-new Mazda Showroom, Nikkei 225 listed parent company Optimus Global Co,.
- Multi Franchise Retail Investment
- Long-standing, successful operator
- High Traffic & High Exposure Location
Next Commercial is delighted to offer For Sale - 59-71 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 with tenant responsible for outgoings, repairs, maintenance, and building improvements.
Outstanding 12,251 sqm* developed site located on 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 October 2021, plus 3 x 5-year options to 2039
+ 3 modern motor vehicle showrooms totalling 3,478sqm NLA*.
+ Encompassing 12,251sqm* hardstand promoting 150m* 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 $689,791.68 (+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 with tenant responsible for outgoings, repairs, maintenance, and building improvements.
Outstanding 12,251 sqm* developed site located on 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 October 2021, plus 3 x 5-year options to 2039
+ 3 modern motor vehicle showrooms totalling 3,478sqm NLA*.
+ Encompassing 12,251sqm* hardstand promoting 150m* 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 $689,791.68 (+GST)*
For Sale by Private Negotiation
(*approximate)
Property ID: 504129651Last Updated: 16 Feb 2024
59-71 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
