This unique Commercial CBD property is located in what is regarded as the best Retail strip shopping precinct in Dubbo. Being positioned between the Dubbo Square Shopping Centre (major tenants Coles & Target) and Myer Dubbo creates enormous foot traffic past the front of 155 Macquarie St.
The property known as Macquarie Mall enjoys a 25 bay carpark at the rear and adjoining that a large multi bay public carpark provided by Dubbo City Council.
There are 5 tenancies with major tenants being Dick Smith with a new 5 year lease + options and Dollars & Sense with a continuing 10 year lease.
The gross annual rental income is $413,955 + GST and estimated net rental of $331,522 per annum after deduction of statutory outgoings.
This is your opportunity to invest in Dubbo city that has been recently listed as a one of the top investment cities in NSW.
155 Macquarie Street, Dubbo will go to auction on Tuesday 16th June at 10.30am. The auction will be held at "Auction Works, 50 Margaret Street, Sydney".
For your Property Information Memorandum please contact Grahame Allan 04291556... or email grahame@rhdubbo.com.au