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4R Wellington Road
Dubbo NSW 2830
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Sold on 9 Nov 2021

4R Wellington Road Dubbo NSW 2830

  • Medical / Consulting
  • 1 m²
  • Sold

Childcare Investment Lease to National Provider | 20 Year Net Lease to 2036

+ Secure 20 year net lease to Imagine to 2036
+ One further 10 year option to 2046
+ Imagine Childcare & Kindergarten: long established and highly successful early education provider with 21 centres nationally
+ Minimum 3% annual rent increases, plus 'ratchet provisions' at market review, guaranteeing rental growth
+ Tenant pays 100% of outgoings including management fees
+ As new purpose-built child care facility, licensed for 124 LDC places
+ High profile 4,114 sqm corner site with 31 car spaces
+ Situated within complementary educational precinct and only 800 metres from two primary schools
+ Strategic position fronting the Mitchell Highway and metres from McDonald's, Bunnings, KFC, Anytime Fitness and Pet Barn
+ Land Tax exempt commercial investment
+ Dubbo: major service centre of the Orana Region with a retail catchment population in excess of 120,000 residents
+ Childcare/Early Education is an essential service and one of Australia's most sought-after asset classes, with both Federal and State Governments providing record funding. In the 2021-22 Federal Budget, the Federal Government added a further $1.7 billion to the $10.3 billion already budgeted for the year.*
+ Net Income: $429,023 pa + GST and Outgoings

For Sale by Investment Portfolio Auction
11am (AEDT) Tuesday 9 November 2021

*Mitchell Institute, Australian Investment in Education: Early Learning.

AUCTION

Auction date and time09/11/2021 11:00
Auction location4r Wellington Road, Dubbo NSW
Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold9 Nov 2021
Floor Area1 m²
Land Area4,114 m²
ParkingAsk Agent
Property ID2017302070
Category
Last updated  15 Nov 2021
Map for 4R Wellington Road Dubbo NSW 2830

Nearest transport* to 4R Wellington Road Dubbo NSW 2830

Bus
Castlereagh Av Opp Warrengo Ct269 m
Castlereagh Av At Warrego Ct288 m
Castlereagh Av At Namoi Cres309 m
Castlereagh Av At Gwydir Ct348 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Burgess Rawson VIC Pty Ltd
Burgess Rawson VIC Pty Ltd
Level 20, 150 Lonsdale Street
Melbourne, VIC 3000

Property Highlights

Date Sold9 Nov 2021
Floor Area1 m²
Land Area4,114 m²
ParkingAsk Agent
Property ID2017302070
Category
Last updated  15 Nov 2021

Co-Agents

Natalie Couper
Natalie Couper
Burgess Rawson VIC Pty Ltd
Call
0413 856 983
Adam Thomas
Adam Thomas
Burgess Rawson VIC Pty Ltd
Call
0418 998 971
Michael Vanstone
Michael Vanstone
Burgess Rawson Sydney
Call
0403 580 528

More about 4R Wellington Road Dubbo NSW 2830

4r Wellington Road Dubbo NSW 2830 is categorized as Medical & Consulting Property. It has a floor area of 1 m² and a land area of 4,114 m². The listing ID for this property is 2017302070.

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