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.
