FOR SALE
Auction

First Floor/18-20 Talbragar Street
Dubbo NSW 2830

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 429m2
Land area: 670m2
Auction Time
Thu 28 Nov 10:30 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Multi-Tenanted Office Investment in Prime Dubbo CBD Location

Raine & Horne Commercial Dubbo is proud to offer to the market First Floor, 18-20 Talbragar Street, Dubbo For Sale via our Raine & Horne National Auction Event. This multi tenanted investment property offers a unique blend of Prime CBD location, ample secure on- site car parking and flexible tenancy configurations, making it an exceptional investment opportunity.
Key Investment Highlights:
• Fully Tenanted: diverse mix of 3 office tenants across a flexible 429 sqm first floor plate.
• Attractive Rental Income: strong net rental return of approximately $65,832 per annum plus GST.
• Compounding Annual Rent Increases: Fixed CPI or 3%, ensuring income growth and capital appreciation.
• Valuable Car Parking: 6 on-site car parks with 5 undercover secured basement car parks.
• Flexible Zoning: E2 Commercial Centre Zoning allows for a variety of commercial uses, enhancing the property's long-term value and potential.
• Prime Location: Positioned in the heart of Dubbo's CBD with immediate proximity to key retail amenities including Riverdale Shopping Centre, anchored by Woolworths, BWS and Chempro.
• Dubbo: Strategic NSW regional City, home to 55,894 people and the main service centre of the Central West with a growing population base of 181,500+
To be sold at Public Auction - Auctionworks, 50 Margaret Street, Sydney at the Raine & Horne Commercial National Portfolio Auction on 28 November 2024.
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Property Details for First Floor/18-20 Talbragar St, Dubbo

Building Type
Commercial
Floor Size
429m2
Land Size
670m2

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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 22,129 properties. Over the last 5 years, Houses in Dubbo have seen a 65.12% increase in median value, while Units have seen a 41.38% increase. As at 30 September 2024:

  • The median value for Houses in Dubbo is $526,783 while the median value for Units is $331,809.
  • Houses have a median rent of $490 while Units have a median rent of $370.
There are currently 162 properties listed for sale, and 106 properties listed for rent in Dubbo on OnTheHouse. According to CoreLogic's data, 1015 properties were sold in the past 12 months in Dubbo.

Suburb Insights for Dubbo 2830

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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.