This property is an excellent investment opportunity that combines above-average rental returns with solid capital gain potential.
The property is currently tenanted at $400 per week on a fixed term agreement expiring in July 2024 and has a fixed rent increase scheduled for August this year to $410 per week.
Situated in the growing North-West precinct of Rosewood Grove, the home offers four generously sized bedrooms, a combined kitchen and dining area, one bathroom with a separate toilet and a single lockup garage at the rear of the block.
Rosewood Grove is transforming into a hub for residential living in the Dubbo Area. Approx. $9 Million of state funding for road and infrastructure projects has recently been announced in the immediate surrounds and upwards of 6,000 residential blocks of land are pending development and release close by.
To inspect or inquire about this home please contact the listing agents or the Platinum Property Group – Dubbo office on (02) 6885 0883
Key features of this property
- Four bedrooms
- Growing location with CBD within 1.5km radius
- Rear yard access with secure lockup garage
- 569sqm Land Size*