Back 59 Hickory Street
Off Market

59 Hickory Street

Dorrigo NSW 2453

4
1
Townhouse

Overview

IDEAL INVESTMENT - MAIN STREET FRONTAGE

This property in the main street of Dorrigo is an ideal investment property offering 3 independent rental incomes as follows (excluding GST): Retail shop - $9,727pa; storage units $6,000pa (average over last 10 years); 4 bedroom residential $11,440pa - so total income of $27,167pa before outgoings or approximately 9%pa. Offering an excellent return with multiple income streams, this is a very attractive proposition. The storage units consist of 7 x standard single garages that are leased casually for $110 per month (incl GST). There is virtually no maintenance and the lessees purchase their own padlock when they commence use. The retail tenant collects all rent on behalf of the landlords. The retail space is currently leased by a computer shop that has been operating for 10 years and the total floor space is approximately 64sqm (8m x 8m). The residence offers 4 large bedrooms upstairs with high ceilings and wide, covered verandah overlooking the main street. While downstairs is the living/dining/kitchen along with bathroom and toilet, also with high ceilings and insulation for those cool winter nights. The spacious laundry & 2nd toilet are accessed from the back verandah at ground level, and the verandah leads to a lovely, big flat yard with plenty of space for all sorts of things. As an investment, it is ideal, with excellent returns and income risk spread over 3 tenancies. So don't dawdle with this one...... Call to view at a time that suits you - Guy Saddleton Real Estate 6655 2458. Open 7 days to 7 pm. Floor plans and information sheet available upon request - note all measurements in text and plans are approximate.

Features

4 bedrooms
1 bathroom
Townhouse

Estimated Value

We need at least 3 similar 4 bedroom townhouses sold in Dorrigo over the last 12 months.

Property history for 59 Hickory Street

2025
Rented
Undisclosed
Leased on 04 Nov 2025 by Ray White Rural Dorrigo
2020
Rented
Undisclosed
Leased on 29 Apr 2020 by Ray White Rural Dorrigo
2012
Sold
Undisclosed
Private Sale/Treaty on 09 Mar 2012

Happy sellers in Dorrigo

68%
68% of sellers in Dorrigo reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Dorrigo over the last 12 months.

Local market activity for 4 bedroom townhouses in Dorrigo

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