Standing proud in a high-profile location, surrounded by well-established businesses, on a 2,024 m2 general industrial block in Fitzroy Street, North Dubbo, is where you will find this multi-income earner. You will first be greeted by a historical 3-bedroom sandstone cottage filled with loads of character and charm of its era. Then behind the cottage you will discover a self-contained studio and at the back of the block, is a 5-bay shed with 3 phase power and separate toilet block, each bay earning its own income for a variety of uses. The cottage features 3.4m high ceilings, polished floorboards, wide skirting boards, decorative cornices and archways in hallway, chandeliers, full timber kitchen with wood stove as well as a gas stove, electric heaters in living room and all bedrooms where open fireplaces once stood and which are all framed by decorative timber mantlepieces and spacious bedrooms, just to name a few. The kitchen, dining room, bathroom and laundry are all externally located off the back verandah which overlooks the brick paved courtyard and open pergola area that features an ornamental grape vine growing over the top. The Studio is air-conditioned and has its own separate access and features an open plan kitchenette, meals, family and studio with stylish vinyl floor planks and a separate combined bathroom/laundry. The cottage is currently leased to 16 May 2024 at $450.00 per week and the studio has just signed up a new 12 month tenancy at $350.00 per week. The shed is also earning an average return of $100.00 per week per bay. This unique investment package provides a multitude of opportunity for small business start-ups or if you are a tradie looking for extra room to store your tools and supplies whilst also earning extra income or a wonderful addition to an investor's portfolio or even first-time investors. So many options so why not contact Redden Family Real Estate for more information or to arrange your on-site tour.
Zoned General Industrial E4 Large 2,024 m2 block of land Multiple income opportunities Great for the tradies or astute investors High profile location surrounded by established businesses Cottage current rental return $23,400.00 p.a. ($450.00 per week) Studio current rental return $18,200.00 p.a. ($350.00 per week) Detached 5 bay self-contained shed with 3 phase power plus separate toilet block (returning an average of approximately $26,000.00 p.a.) Locally heritage listed cottage, filled with character and charm of its era with modern touches All bedrooms are spacious High ceilings, wide skirting boards, decorative cornices Conveniently located within close proximity to Dubbo's CBD and only a moments drive to TAFE NSW, Dubbo Base Hospital, Schools, parklands, sporting ovals and Clubs.
DISCLAIMER: The information and figures contained in this material is supplied by the vendor and is unverified. Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein.
Features include: Courtyard,Shed,Broadband Internet Available,Air Conditioning,Split-System Air Conditioning,Split-System Heating
Inspections
No open inspections scheduled.
Send an enquiry
Contact Michael Redden to learn more about this property, request an inspection or take an online tour.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
26 Feb 2024
Sold
Redden Family Real Estate
Listed: 13/12/2023
Block size: 2021m²
Transfer type: Full transfer
14 Jan 2021
Sold
Elders Real Estate Dubbo Branch
$480,000
Contract: 04/12/2020
Transfer: 14/01/2021
Listed: 07/08/2019
Days on market: 485
Block size: 2024m²
Transfer type: Full transfer
Purpose: Residence
23 Dec 2020
Sold
Elders Real Estate Dubbo
Listed: 23/12/2020
Block size: 2024m²
Transfer type: Full transfer
07 Dec 2020
Sold
Elders Real Estate Dubbo
Listed: 07/12/2020
Block size: 2024m²
Transfer type: Full transfer
07 Dec 2020
Sold
Elders Real Estate Dubbo Branch
$480,000
Contract: 07/12/2020
Listed: 07/08/2019
Days on market: 488
Transfer type: Full transfer
Dubbo suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
38 years
Population
43,516
Listing ID: 182163726. This listing has been viewed 5 times. It was first displayed on 13/12/2023 and last updated on 26/02/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.