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Sold on 14 Mar 2024 - Price Unavailable

Blueridge Drive
Dubbo NSW 2830

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 237m2
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Property Details for 4/13 Blueridge Dr, Dubbo

Building Type
Commercial
Floor Size
237m2
Local Government
Dubbo Regional
Lot/Plan
5/DP271489

Last Listing description (March 2024)

Raine & Horne Commercial Dubbo is proud to offer to the market 4/13 Blueridge Drive, Dubbo NSW, for sale via our National Portfolio Auction Event.

With a secure brand new 3 + 3 year Lease to an established, well renowned local business and a net income of $31,200 p.a plus GST, this is a fantastic entry level industrial investment not to be missed.

Key Investment highlights:

• 237 m2 industrial warehouse with individual amenities.
• Secure new 3 year lease with options to December 2029.
• Investor friendly net lease with tenant paying all usual outgoings.
• Net Income $31,200 per annum with compounding fixed 3% annual rent increases.
• Newly constructed in 2023 offering substantial depreciation benefits.
• Modern, secure concrete tilt panel construction with functional design.
• Easy accessibility with high clearance auto roller doors.
• Highly flexible E3 Productivity Support Zoning.
• Easy access to the Mitchell Highway - a state road and sub-arterial route linking between Dubbo and Sydney.
• Home to 55,894 people, the Dubbo region supports 26,650 jobs and has an annual economic output of $8.620 billion*
• Surrounded by national tenants including Bunnings, McDonalds, KFC, Jayco, Yamaha, Motoserve and Findex.

*Approximate

This warehouse presents a fantastic opportunity for an astute investor interested in entering Dubbo's thriving industrial market.

To be sold via the Raine & Horne Commercial National Auction Event
10:30am Thursday 14th March 2024.
Mezzanine Level, 50 Margaret St, Sydney and online.

Contact Joe Burgun at Raine & Horne Commercial Dubbo on 0418 649 871 for more information.

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Property History for 4/13 Blueridge Dr, Dubbo, NSW 2830

A timeline of how this property has performed in the market
Last Sold
14 Mar 2024
  • 14 Mar 2024
    Sold for $555,000

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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 164 properties listed for sale, and 106 properties listed for rent in Dubbo on OnTheHouse. According to CoreLogic's data, 1011 properties were sold in the past 12 months in Dubbo.

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Joe Burgun
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Raine & Horne Dubbo
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