Positioned in an outstanding location within the Forbes CBD, 34–36 Dowling Street presents a substantial commercial investment opportunity, combining a long-established motor dealership site with a neighbouring residential property, currently leased together under one agreement.
Prominently located close to McDonald’s, BP and Caltex service stations and within easy reach of the Newell Highway, the property enjoys excellent accessibility and exposure in a well-established commercial precinct.
The commercial premises have been home to the local Toyota dealership for more than 40 years, highlighting the strength and suitability of this location for automotive and commercial operations.
The dealership site encompasses approximately 4,226sqm, including adjoining Crown Land parcels, providing a substantial operational footprint. The Crown Land parcels surrounding the property are currently held under licence by the vendor.
Included with the offering is the neighbouring older residence, positioned on approximately 746.1sqm. The home is in largely original condition and has not been occupied as a residence for many years, currently being utilised for storage.
Both properties are currently leased together under a three-year lease expiring 31 August 2029, with the current tenant paying $4,400 per month, providing an established income stream from day one.
Beyond the existing tenancy, the property's substantial footprint, prominent location and established commercial setting may provide broad scope for a variety of future uses, subject to zoning, planning requirements and the necessary approvals.
With a long-standing commercial history, secure existing tenancy, substantial landholding and prime CBD position, 34–36 Dowling Street represents a rare opportunity to secure a significant commercial asset in the heart of Forbes.
Prospective purchasers should make their own enquiries regarding zoning, permissible uses and the ongoing use or transferability of any Crown Land licences.