New Australia Post & ASX Listed Industrial Investment

68 Fitzroy Street , Dubbo NSW

Property Highlights

Rare Australia Post Freehold
Desirable CPI Annual Rent Reviews
Net Income: $359,251 pa* + GST
Register to Bid

Description

Burgess Rawson is pleased to present Australia Post Dubbo NSW to the market for sale via our Investment Portfolio Auction 166.

This property has the following key investment highlights:

+ 5 year lease to Australia Post to 2028 plus option to 2033
+ Australia Post: Commonwealth Government corporation with 4,271 locations nationally, employing 63,000+ people, revenue in excess of $8.9 billion
+ Direct lease to Australia Post and David Payne Constructions, subsidiary of ASX listed Maas Group Holdings with a market cap of $1.22 billion
+ Highly desirable CPI annual rent reviews
+ Key 6,072sqm* landholding improved with a state-of-the-art 2,762sqm* industrial and distribution facility
+ Modern tilt-panel construction, complete drive-thru access, duel frontage with expansive clear span versatile warehouses
+ Newly built in 2023 offering substantial depreciation benefits
+ Dubbo: important NSW regional City, forming an integral part of the Central West with a growing population of 181,500+
+ Net Income: $359,251 pa* + GST (as at 1 April 2024)

To be sold by Investment Portfolio Auction 166
10:30am AEDT Tuesday 20 February 2024
Sydney Opera House, Yallamundi Rooms

Please contact the exclusively appointed team for more information.

*Approx.

Property Details

Listing
Sale
Current Tenant
Tenanted
Occupancy Type
Industrial
Land Size
6,072 SQM
Building Area
2,762 SQM

Price

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