74 Victoria StreetDubbo NSW 2830
Property Details for 74 Victoria St, Dubbo
Last Listing description (June 2024)
High performance tenant with outstanding credentials and financial stability.
• New 10 year Lease to 2033
• High Performance Tenant
74 Victoria Street, Dubbo is secured via a brand new 10 year lease to OzCar
The Mitchell Highway serves Central NSW into Southern Queensland and is located on the western side of Dubbo City.
OzCar forms part of Australian Fleet Sales established in 1998 and is now one of Australia’s largest privately owned retailer of motor vehicles and 4WD.
+ Highly profitable business trading (7) days
+ Large versatile corner retail site with dual street exposure across 3,255 sqm*
+ Fully serviced business complete with workshops, detailing and administration
+ Located opposite the largest retailer of new and used motor vehicles in Central Western NSW - Western Plains Automotive trading (7) international franchises
+ Brand new building infrastructure ideal to off set investor depreciation benefits
+ Brand new 10 year lease to 2033
+ Australia’s leading retailer of second hand automotive vehicles across 19 destinations
+ Net lease - tenant pays 100% all outgoings including building maintenance
+ Fixed 3% annual increases or CPI to which is ever the greater
+ Annual net income $189,855* +GST
To obtain an Information Memorandum or to arrange a site inspection, please contact Gary Blowes.
Selling in conjunction with Anthony Bray and Ryan Cross of Next Commercial.
* (approximate)
Property History for 74 Victoria St, Dubbo, NSW 2830
- 27 Aug 2024Sold for $2,500,000
- 23 Jun 2023Listed for Sale Auction
- 19 Dec 2019Sold for $1,500,000
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0About 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 22,228 properties. Over the last 5 years, Houses in Dubbo have seen a 74.03% increase in median value, while Units have seen a 36.35% increase. As at 31 January 2025:
- The median value for Houses in Dubbo is $549,012 while the median value for Units is $326,428.
- Houses have a median rent of $500 while Units have a median rent of $380.
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