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Posted: 2021-11-24 00:00:00

The property was constructed in the 1960’s, by the Australia’s Workers Union, and was the first high-rise development in Dubbo. It remains the tallest commercial building in the city.

Asset highlights include:
• The only high-rise office/commercial building in Dubbo.
• Prominent CBD position, walking distance to NSW Government offices in Brisbane Street and Carrington Avenue and Dubbo Regional Council offices.
• Easy walk to Macquarie Street, the main business Street in Dubbo, and within close proximity to the rotunda and cafes on the corner of Church Street.
• Large freehold asset of 1,327sq m* with flexibility for other uses (STCA) with desirable B3 Zoning
• Historic and heritage citadel on-site, backing on to 19 exclusive-use car spaces.

The deal was negotiated by Nick Lower and Selin Ince of Savills Australia in conjunction with Graeme Board from Bob Berry Real-estate.

“Regional assets are continuing to trade at never before seen levels. As a result of the pandemic, investors and owner occupiers are seeing the strength these markets hold. With many people choosing to work remotely, commercial offices in regional locations are reaping the rewards of this newfound shift,” says Ms Ince.

*Approx

 

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