Back 1-5/228 Fitzroy Street
Off Market

1-5/228 Fitzroy Street

Dubbo NSW 2830

10
5
1011 m²
Block of units
Kim HamiltonKim Hamilton, last sold this property on 28 October 2025 after 181 days on market.

Overview

Unique Investment Opportunity

An exceptional opportunity awaits savvy investors with this rare offering at 228 Fitzroy Street - a well-maintained block of five (5) two-bedroom units delivering a strong return and long-term potential. Each unit is thoughtfully designed over two levels, featuring spacious living area downstairs and two bedrooms upstairs, providing a practical layout that appeals to tenants seeking comfort and convenience. With a combined gross rental income of approximately $92,040 per annum, this property represents a solid investment in a high-demand rental market. Set on a generous block, the complex has been well cared for and tastefully presented, with open green spaces creating a sense of community and relaxation for tenants. The low-maintenance design of the building and grounds ensures minimal upkeep, making this an ideal hands-off investment or a great addition to an expanding portfolio. Located in a prime position, 228 Fitzroy Street is within walking distance of local shops, schools, and parklands. The area's amenities and public transport links enhance tenant appeal and keep vacancy rates low. Whether you're looking to grow your investment portfolio or secure a set-and-forget income stream, this property ticks all the right boxes. Opportunities to secure a multi-unit complex in such a central location are rare. With solid rental yields, well-maintained infrastructure, and ongoing tenant demand, this is a turnkey investment ready to start working for you from day one. Key Features: • Block of 5 x 2-bedroom, 2-storey units • Combined rental return approx. $92,040 p.a. • Low-maintenance complex with open green space • Strong occupancy history • Close to shops, schools, and public transport • Ideal for investors or SMSF buyers Don't miss out on this chance to own a fully-tenanted, income-producing asset in a growing area.

Features

10 bedrooms
5 bathrooms
1011 m² lot size
Block of units

Estimated Value

We need at least 3 similar 10 bedroom block of units sold in Dubbo over the last 12 months.

Property history for 1-5/228 Fitzroy Street

2025
Sold
Undisclosed
Private Sale/Treaty on 28 Oct 2025 by Kim Hamilton, of Raine & Horne Dubbo

Happy sellers in Dubbo

90%
90% of sellers in Dubbo reported that their sale price either exceeded or met their price expectations.

Dubbo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 161 reviews in Dubbo over the last 12 months.

Local market activity for 10 bedroom block of units in Dubbo

In the last 12 months, 1 numeral.10-bedroom block of units similar to 1-5/228 Fitzroy Street, have been sold.

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