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94-100 Wheelers Lane, DUBBO, NSW, 2830

+7 Photos

+9 Photos

SOLD

94-100 Wheelers Lane, DUBBO, NSW, 2830

Properties / Sold / New South Wales / Dubbo

Investment Potential

1. Property Summary

Selling Method

For Sale

Selling Details

Contact Agent

Land Area

14,392 m² (*approx)

Floor Area

3235 m² (*approx)

Property Type

Industrial, Retail, Other

Terms

5-year Triple Net Lease commencing 31 October 2021 plus 2 x 5-year options to 2036

Est. Income

$703,200 p/a

Car Spaces

100

Show All

2. Property Highlights

'High Profile Retail Investment'

Next Commercial in conjunction with Blowes Real Estate is delighted to offer For Sale - 94-100 Wheelers Lane, Dubbo.

Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 26 independent sites across the eastern states of Australia.

Triple net lease with tenant responsible for outgoings, repairs, maintenance, and building improvements.

Enormous 14,392sqm developed site located on the northern perimeter of Orana Mall Shopping Centre. Orana Mall is the premier shopping centre in the Western Plains District.

Investment Highlights:

+ Renewed 5-year Triple Net Lease commencing 31 October 2021 plus 2 x 5-year options to 2036

+ Modern 3,235sqm* motor vehicle showrooms & fully automated service centre

+ 14,392sqm* developed site fronting both Wheelers Land & Windsor Parade

+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements

+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)

+ Annual net income $703,200 (+GST)*

For Sale by Private Negotiation.

(*approximate)

Remember to mention you found this property on CommercialReady

Property Type

Industrial, Retail, Other

Est. Income

$703,200 p/a

Terms

5-year Triple Net Lease commencing 31 October 2021 plus 2 x 5-year options to 2036

Land Area

14,392 m² (*approx)

Floor Area

3235 m² (*approx)

Car Spaces

100

Selling Method

For Sale

Selling Details

Contact Agent

2. Property Highlights

'High Profile Retail Investment'

Next Commercial in conjunction with Blowes Real Estate is delighted to offer For Sale - 94-100 Wheelers Lane, Dubbo.

Secured by AutoPact - one of Australia's largest private motor vehicle retailers - operating 26 independent sites across the eastern states of Australia.

Triple net lease with tenant responsible for outgoings, repairs, maintenance, and building improvements.

Enormous 14,392sqm developed site located on the northern perimeter of Orana Mall Shopping Centre. Orana Mall is the premier shopping centre in the Western Plains District.

Investment Highlights:

+ Renewed 5-year Triple Net Lease commencing 31 October 2021 plus 2 x 5-year options to 2036

+ Modern 3,235sqm* motor vehicle showrooms & fully automated service centre

+ 14,392sqm* developed site fronting both Wheelers Land & Windsor Parade

+ Lessee pays all statutory outgoings, repairs, maintenance, and building improvements

+ Annual rental increases greater of CPI or 3%. (Ratchet clause applies at option review)

+ Annual net income $703,200 (+GST)*

For Sale by Private Negotiation.

(*approximate)

Remember to mention you found this property on CommercialReady

Investment Potential