A unit in 11/DP773044 Dubbo NSW. The local council is Dubbo Regional, featuring 0 bedrooms, 0 bathrooms.
NATIONAL TENANT-BATTERY WORLD SIGN 6 YEAR LEASE Offered for sale for the first time in over three decades, 68-70 Victoria Street presents an outstanding investment opportunity. Situated opposite Western Plains Automotive, this is one of the most prominent highway locations in West Dubbo. With a brand new 6 + 6 year lease to Battery World Australia which commences on the 1st November 17, plus a tenanted residential flat and a 3rd tenancy available for occupation by the purchaser or for lease, this truly is a fantastic investment opportunity.*New 6 + 6 year lease to Battery World Australia commencing net rental $41,000 pa.*Tenanted residential flat returning $11,440.00 pa*Current rental income of $52,440.00 pa*Current market rental of vacant shop at 70 Victoria Street $15,600.00*Potential net Income $68,040.00*Outgoings. 50% of outgoings payable by Battery World. We are seeking 40% of the remaining outgoings to be recovered from the eventual tenant of 70 Victoria Street.*Total annual recoverable outgoings include DRC rates,sewer and water charges, insurance premium and total approx $6590.59*Zoned B6 Enterprise Corridor*Bitumen car park at side and rear for customer parking and deliveries*Large block with frontage of 40m approx.Information Memorandum available on requestAUCTION DATE Thursday the 30th November 2017 in our auction room