DESCRIPTION​

​

​Next Commercial in conjunction with Blowes Real Estate is delighted to offer to market 94-100 Wheelers Lane, 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.

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 nett income $703,200 (+GST)*

​

For further information and inspections, please contact the exclusive selling agents:

* (approximate)