Raine & Horne Commercial Dubbo is proud to offer to the market 6 King Street, Dubbo NSW for sale via our National Portfolio Auction Event.
With a brand-new lease in place to Astley's Building Supplies Pty Ltd, a subsidiary of ASX-listed MAAS Group Holdings (ASX: MGH), 6 King Street presents a rare opportunity for an astute investor to secure an outstanding industrial investment in Dubbo's thriving construction supplies hub.
Key Investment Features:
• Net Income: $88,000 plus GST as per lease.
• Net Lease - Tenant pays all usual Outgoings including Local Council Rates & Charges, Public Liability and Building Insurance as per lease.
• Brand new lease to Astley's Building Supplies Pty Ltd trading as PlastaMasta, subsidiary of ASX listed MAAS Group Holdings (ASX:MGH).
• MAAS Group Holdings - Australian industrial service and real estate business with diversified exposures across the property, civil, infrastructure and mining sectors and a market capitalisation of 1.1 Billion AUD.
• Significant 2,533 m2 land holding with Flexible E3 Productivity Support Zoning.
• 864 m2 concrete tilt panel building made up of office, showroom, staff amenities and high clearance warehouse.
• Strategically located in Dubbo's main construction supplies retail strip with nearby businesses including Sydney Tools, Beaumont Tiles, Tile Power, Reece Plumbing, Blackwood's, Choices Flooring and more.
• The Construction industry is the highest gross revenue generator by businesses / organisations in each of the industry sectors for the Dubbo Region.
• Easy access to Erskine Street/ Golden Highway / Newell Highway with average daily traffic flows of 19,730 vehicles daily.
• Golden Highway / Newell Highway is a major freight link between Victoria and Queensland that links Melbourne to Brisbane via inland NSW.
• Home to 55,894 people, the Dubbo Region supports 26,650 jobs and has an annual economic output of $8.620 billion
*Approx...
To be sold at Public Auction - Auctionworks, 50 Margaret Street, Sydney at the Raine & Horne Commercial National Portfolio Auction.
For more information on this outstanding property, please contact the exclusive listing agent, Joe Burgun (0418 649 871) at Raine & Horne Commercial Dubbo.
