Dubbo

Corner Mitchell Highway and Sheraton Road, Dubbo, NSW, 2830

Property Description

The property is located adjacent to the Blue Ridge Estate industrial park in Dubbo, approximately 398 kilometres north-west of Sydney, New South Wales. Dubbo is a major road and rail freight hub to other parts of New South Wales and is linked by national highways north to Brisbane, South to Melbourne, south-east to Sydney and Newcastle, and west to Adelaide. The site comprises a Bunnings Warehouse with a total retail area of 12,685 square metres, a showroom leased to Petbarn (1,155 sqm) and a KFC fast food outlet (pad site of 2,503 sqm). The Trust is currently committed to expand the Bunnings Warehouse at a cost of $14.0 million. A construction contract has been signed for the Bunnings upgrade, with works expected to be completed for the 2025 financial year.

Land area

45,250 m²

The total GLA/retail area

16,344 m²

Bunnings lease commencement date

5/8/2011

Total Property Cost

$17,761,444

Current valuation

$23,400,000

Annual Rent

$ 1,642,456

Property Location

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