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  • 16 Spence Street, DUBBO, NSW 2830

16 Spence Street, Dubbo, NSW 2830

  • 5 Bed
  • 2 Bath
  • 1garages

Sold

Sold for $385,000 on Feb 15, 2023

3 bedroom home + 2 bedroom studio = great investment!

Positioned on a cul-de-sac street within the popular Rosewood Grove Estate, 16 Spence Street, Dubbo offers more than first meets the eye, with the main house offering 3 bedrooms, 1 bathroom and single carport with a current 12 month lease returning $15,600.00pa, with the point of difference for any portfolio being the brick veneer studio (built in approx. 2010) with 2 bedrooms, 1 bathroom, open plan living area and ducted reverse cycle air conditioning presenting a rarity within the Dubbo market for the savvy investor. Features include: *3 bedroom home + 2 bedroom flat *reverse cycle heating + cooling to both residences *main house currently returning $300/week *Rosewood Grove Estate locale *large 965sqm approx. land lot

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avatar Thomas Haylock
Thomas Haylock
Commercial Sales and Leasing
avatar Brentley Goodwin
Brentley Goodwin
Director

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Property Info:
  • Property ID: L21149972
  • Property Type:House
  • Carports:1
  • Land Area:965 sqm
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R&H Suburb Profile: Dubbo
R&H Suburb SummaryHouses
Number of sales789
Average Price$625,212
Median Price$562,000
Median Rental Price$490 p.w.
Change in Rental Rate (5yr)40 %
R&H Suburb SummaryUnits
Number of sales48
Average Price$498,500
Median Price$337,500
Median Rental Price$370 p.w.
Change in Rental Rate (5yr)42 %
Median Trend - $562,000
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