High Profile Retail Investment

49 Victoria Street, Dubbo NSW 2830

  • Renewed 5 year lease + options to 2039

  • Dubbo’s leading vehicle service centre

  • Triple Net Lease $604,373.60 (+GST)*

Next Commercial in conjunction with Blowes Real Estate is delighted to offer to market 49 Victoria Street, Dubbo for sale by Public Auction.

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.

Outstanding 6,803sqm* developed site located on the western perimeter of Dubbo CBD. Surrounding neighbours are national retailers Ozcar, Yamaha, IGA, Battery World, AVIS, The Bottle’O, and Red Dirt Camping.

Investment Highlights:

+ Renewed 5-year Triple Net lease commencing January 2019, plus 3 x 5-year options to 2039
+ Modern 1,858sqm* motor vehicle showrooms & 2 fully automated service centres
+ Encompassing 6,803sqm* hardstand promoting 84m* frontage to Victoria Street
+ 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 $604,373.60 (+GST)*

For Sale by Public Auction

Auction Details:

Tuesday 30 August 2022

10.30am (AEST)
AuctionWorks - 50 Margaret St, Sydney

For full details contact:

Richard Ellis 0416 072 444


David McClatchey 0402 445 499


Gary Blowes 0418 635 248


* (approximate)