FOR SALE
$980,000

136 Macquarie Street
Dubbo NSW 2830

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 155m2
Land area: 234m2
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A-Grade CBD Investment Opportunity

Raine & Horne Commercial Dubbo proudly presents the sale of 136 Macquarie Street, a premier commercial property located within the most prominent retail and business strip in Dubbo's bustling CBD. This property is a prime investment opportunity, boasting a new 5-year lease to the renowned multinational retailer Taking Shape, ensuring a stable and lucrative income stream.
Key Investment Highlights:
• Long-Term Lease: Secure new 5-year lease in place to 30 November 2028 with a 5-year option to 2032.
• Taking Shape: highly respected multinational clothes retailer with over 160 locations across Australia and New Zealand.
• Attractive Rental Income: Enjoy a gross rent of $60,565 per annum plus GST, with compounding 3.25% fixed annual rent increases, ensuring steady growth in rental income.
• Prime Location: Strategically positioned on Macquarie Street, Dubbo's premier retail strip, this property benefits from high foot traffic and exceptional visibility.
• High-Profile Retail Strip: Surrounded by national retailers such as Myer, Best & Less, Black Pepper, and Blue Illusion. Financial institutions including NAB, Westpac, St George Bank, Greater Building Society, and BOQ further enhance the prestige and traffic of the location.
• Flexible Zoning: E2 Commercial Centre Zoning offers flexibility for various commercial uses, enhancing the property's long-term value and potential.
• New Roof: The Vendor has recently replaced the roof, ensuring a watertight investment.
For more information, please contact the exclusive selling agents Joe Burgun 0418 649 871 & Thomas Haylock 0400 372 389 at Raine & Horne Commercial Dubbo.

Property Details for 136 Macquarie St, Dubbo

Building Type
Commercial
Floor Size
155m2
Land Size
234m2

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About Dubbo 2830

The size of Dubbo is approximately 998.7 square kilometres. It has 56 parks covering nearly 4.8% of total area. The population of Dubbo in 2011 was 32,327 people. By 2016 the population was 38,944 showing a population growth of 20.5% in the area during that time. The predominant age group in Dubbo is 0-9 years. Households in Dubbo are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dubbo work in a professional occupation. In 2011, 62.3% of the homes in Dubbo were owner-occupied compared with 63.2% in 2016.

Dubbo has 22,197 properties. Over the last 5 years, Houses in Dubbo have seen a 71.35% increase in median value, while Units have seen a 64.35% increase. As at 30 November 2024:

  • The median value for Houses in Dubbo is $539,191 while the median value for Units is $385,732.
  • Houses have a median rent of $495 while Units have a median rent of $380.
There are currently 145 properties listed for sale, and 107 properties listed for rent in Dubbo on OnTheHouse. According to CoreLogic's data, 1019 properties were sold in the past 12 months in Dubbo.

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Joe Burgun
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Thomas Haylock
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Raine & Horne Dubbo
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.