Standing proud with great shopfronts, and in a dynamic Bultje Street location, surrounded by a variety of well-established businesses, including one of the best culinary restaurants, is this wonderful opportunity to buy a mixed use and multi-income earner freehold asset. This mixed-use freehold building is well positioned in Dubbo’s busy CBD and comprising 4 income streams of 2 retail shops and 2 upstairs units, with an opportunity to add more at the rear (STCA). The site also has an invaluable rear lane access. This quality property presents a great investment package and would be 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 B3 – Commercial Core
• Site consists of 2 titles (Lots 4 & 6) on a 690m2 block of land
• Invaluable rear lane access with off street parking
• Built in the 1970s
• Multiple income opportunities
• Great investment for astute investors
• Shop top housing
• Ground Floor Retail space
• First Floor residential units
• Gross Income for premises is $109,934.25 p.a. (retail shops $68,334.25 p.a. to be reviewed annually at CPI) (residential premises $41,600.00 p.a.)
• Surrounded by a variety of well-established businesses
• Exceptional location in Dubbo’s CBD
• Council rates $9,244.98 p.a. approx.. plus water and sewerage consumption charges
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
4 bedrooms
2 bathrooms
directions_car2 carspaces
2 open car spaces
crop_free690 m² lot size
cottageUnit
Property history for 31 Bultje St
2019
Rented
Undisclosed
Leased on 02 Oct 2019 by Town & Country Real Estate & Stock Service
Happy sellers in Dubbo
91%
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91% 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 163 reviews in Dubbo over the last 12 months.
Local market activity for 4 bedroom units in Dubbo
Sold
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