Skip to main content
IGA Dubbo, 38 - 40 Victoria Street
Dubbo NSW 2830
SearchBack to results
Stonebridge Property Group

IGA Dubbo, 38 - 40 Victoria Street Dubbo NSW 2830

  • Shop & Retail
  • 884 m²
  • For Sale, Contact the Stonebridge Team

Rare Entry Level Investment - Longstanding IGA Supermarket

  • Prime 1,973 sqm Site on Key Arterial
  • Secure 5 Year Net Lease to 2027 + Opts
  • Combination of Fixed & CPI Increases

Stonebridge is pleased to present IGA Dubbo (freehold interest only) for sale via Expressions of Interest closing Thursday 7 March 2024 at 3pm (AEDT).

The asset has the following key investment features:

- Anchored by 5 year net lease to 2027 + options to 2047, with fixed 3% annual rent increases

- IGA Largest independent supermarket chain globally (est. 1926), with 6,000+ stores across 30 countries and supplied by ASX-listed giant Metcash

- Well-configured 1,973 sqm* landholding, improved by freestanding supermarket & shop, with 22 dedicated at-grade car parks

- Prominent retail site boasting 40 metres street frontage and adjacent major intersection on key freight routes, Mitchell and Newell Highway (20,000+ heavy vehicles daily)

- Rare entry-level supermarket investment with longstanding tenant since 1977

- Central location nearby national retailers including Shell Coles Express, Bottle-O, BP and Ibis Hotel, plus unique position set to benefit from $220 million 'Dubbo Bridge', bypassing the retail centre and driving traffic into west Dubbo

- Defensive income stream anchored by non-discretionary tenant, with sought after combination of 3% and CPI annual rent increases

- Dubbo Dynamic regional powerhouse boasting $9.6Bn* economy and 1.65 million visitors annually, with population set to boom 20% by 2041

- Attractive Net Leases - tenants pay all usual outgoings including Rates, Insurance and general Repairs & Maintenance

- Lease' secured by personal Guarantee's, Bank Guarantee, and significant Security Deposit

- Net Income $183,412 pa* + GST

'IGA Dubbo (freehold interest only)' is for sale via Expressions of Interest closing Thursday 7 March 2024 at 3pm (AEDT).

Please contact the exclusively appointed Stonebridge property professionals for more information.

*Approximately

Property Code: 850

Property Highlights

Floor Area884 m²
Land Area1,973 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019033451
Category
Last updated  7 Feb 2024
Map for IGA Dubbo, 38 - 40 Victoria Street Dubbo NSW 2830

Nearest transport* to IGA Dubbo, 38 - 40 Victoria Street Dubbo NSW 2830

Bus
Train
Tram
Ferry
Did you find this helpful?
Yes
No

Property Highlights

Floor Area884 m²
Land Area1,973 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityAsk Agent
Property ID2019033451
Category
Last updated  7 Feb 2024
Level 7, Martin Place Sydney NSW 2000

More Properties for Sale from Stonebridge Property Group

Expressions of Interest
capri on via roma,surfers paradise, QLD 4217
6,780 m²
Shop & Retail
For SaleContact the Stonebridge team
dan murphy's, 52-60 hutchinson street,mount barker, SA 5251
1 m²
Shop & Retail
For SaleContact the Stonebridge Team
bws, 9 willoughby road,crows nest, NSW 2065
342 m²
Shop & Retail