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  • 1-5/228 Fitzroy Street, DUBBO, NSW 2830

1-5/228 Fitzroy Street, Dubbo, NSW 2830

  • 10 Bed
  • 5 Bath

For Sale

$1,750,000 - $1,850,000

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.

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avatar Kim Hamilton
Kim Hamilton
Director

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Property Info:
  • Property ID: L33996891
  • Property Type:Block of Units
  • Land Area:1011 sqm
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R&H Suburb Profile: Dubbo
R&H Suburb SummaryHouses
Number of sales825
Average Price$626,814
Median Price$570,000
Median Rental Price$500 p.w.
Change in Rental Rate (5yr)43 %
R&H Suburb SummaryUnits
Number of sales43
Average Price$365,581
Median Price$335,000
Median Rental Price$380 p.w.
Change in Rental Rate (5yr)46 %
Median Trend - $570,000
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