6 King Street, Dubbo, NSW 2830

Floor Area:

864sqm

Warehouse Area:

864sqm

Land Area:

2456sqm

Sold

Auctioned

Industrial Investment with ASX Tenant

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.

Joe Burgun

Director

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L25116077
Property Type:Industrial/Warehouse
Building / Floor Area:864 sqm
Land Area:2456 sqm

Need help with your finance?

Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.