Dubbo retail property sold for $434,000
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Jul 16, 2019
Dubbo retail property sold for $434,000
A Dubbo commercial property on Cobra Street just off the Mitchell Highway has been sold for $434,000 at auction via Andrew McDonald Commercial Dubbo.
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Andrew McDonald Commercial DubboAndrew McDonald of Andrew McDonald Commercial Dubbo outside 54 Cobra Street.
A sizeable retail site just off the Mitchell Highway in Dubbo has fetched $434,000 at auction.
Bidders gathered at the Quest Dubbo Conference Room on Thursday, July 11 for the sale of 54 Cobra Street, which was marketed by Andrew McDonald Commercial Dubbo.
The includes a modern shop front with disabled access, air conditioning and a three-car garage with rear lane access.
A building area of about 363 square metres sits atop a land area of 404 square metres, with the site falling under B3 Commercial Zoning.
The address is leased until 2023 and currently generates $32,320.44 Per Annum plus GST in rent.
Outgoing costs include lessee reimbursements, council rates and charges, and building insurance.
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Dubbo CBD retail opportunity to be auctioned next month
Important Information:
Contact details:
Andrew McDonald
Elders Commercial Dubbo
+61407 459 231
Email
9365
7870
Andrew McDonald
