31 Bultje Street
Dubbo, NSW 2830

Located prominently on Bultje Street in Dubbo, this mixed-use freehold property offers a unique investment opportunity in a bustling commercial core. The building features a combination of retail and residential spaces, providing multiple income streams and excellent potential for future development subject to council approval.

The site comprises two titles, Lots 4 and 6, encompassing approximately 690 square metres of land. The property benefits from invaluable rear lane access, facilitating off-street parking and enhanced convenience for tenants and customers alike. Constructed in the 1970s, the building has been maintained to offer a solid foundation for continued commercial and residential use.

On the ground floor, there are two retail shops with attractive shopfronts, positioned in a dynamic location surrounded by well-established businesses, including a renowned culinary restaurant. Upstairs, two residential units provide comfortable living spaces, contributing to the property's diverse income potential. There is also an opportunity to expand the premises at the rear, subject to council approval, which could further enhance the asset's value and rental returns.

This property is zoned B3 – Commercial Core, reflecting its prime location within Dubbo's busy central business district. The gross income generated from the premises is approximately $109,934.25 per annum, with retail shops contributing $68,334.25 per annum (subject to annual CPI review) and residential units generating $41,600.00 per annum. Council rates are estimated at $9,244.98 per annum, excluding water and sewerage consumption charges.

Additional features include air conditioning with split-system heating and cooling, a balcony, and built-in wardrobes in the residential units. The property's strategic location and multiple income streams make it an excellent investment for astute investors or those seeking to enter the property market with a versatile asset.

Surrounded by a variety of established businesses and situated in an exceptional location within Dubbo's CBD, this freehold shop top housing asset offers a compelling investment package with numerous options for growth and income diversification.

Potential buyers are advised to conduct their own due diligence to verify all information provided, as figures and details are supplied by the vendor and remain unverified.