Located at 32-40 Church Street, Dubbo, the offering includes Oliver House, a five-storey freehold building used previously as office accommodation with a spread of retail and office on ground floor and telecommunication assets on top floor and roof, adjoining vacant Citadel heritage building and adjoining car parking for 19 cars.

Oliver House was constructed in the mid 1960's by the Australian Workers Union (AWU), being the first high rise office development in Dubbo and remains the highest commercial building in the city of Dubbo. The original anchor tenant was NSW Department of Health over 4 floors. The first floor was occupied by AWU and others, with a restaurant and hair salon on ground floor. The building is currently predominantly vacant with a number of telecommunication leases on the roof.

The property is for sale through Nick Lower and Selin Ince of Savills Australia along with Graeme Board of Bob Berry Dubbo, who said Oliver House is an easy walk to Macquarie Street; the main business Street in Dubbo.

According to Nick Lower, State Director of Metro Sales at Savills Australia, this large freehold asset offers flexibility for other uses (STCA) and is zoned B3 Commercial Core with excellent exposure in a busy commercial area.

“Church Street has been recognised as a key commercial business area, between the main CBD of Macquarie Street, and the Government sector in the Darling, Carrington and Brisbane Street precinct.

“Oliver House is within a vibrant street of commercial businesses including accounting, legal, mining resources, insurance (NRMA & WFI), medical, beauty care, semi government, Commonwealth Parliamentary Office, masonic building and coffee shops on each corner of Macquarie Street” he said.

Graeme Board from Bob Berry said Dubbo is a city enjoying rapid growth, from being declared a city of 15,000 population in 1966, it has now a population of approximately 44,000 serving a regional shopping population estimated at 130,000.

“The regional economy is diverse, driven by the rural sector, tourism (highlighted by Taronga Western Plains Zoo) Mining, transport and general services.

“The Dubbo Regional Airport has flights to Sydney, Brisbane, Melbourne, Canberra, Newcastle and Ballina. With feeder flights to Bourke, Walgett and Cobar. A major RFDS base is at Dubbo airport from where it services a huge area of outback NSW” he said.

Dubbo is a large service centre for health, education, accounting, legal, financial, automotive and heavy transport, retail, and construction. Growth in both the public and private sectors has been strong over the last decade and is now at unprecedented levels.