Offers Invited !

64 Palmer Street, Dubbo

For Sale
Property Type: House
3 Beds 2 Baths Approx 701 Square metres 2 car spaces

South Dubbo Money Spinner!

Standing proud in leafy South Dubbo on the corner of Palmer and High Streets is this wonderful opportunity to buy a multi-income earner. Here you will find a 3-bedroom weatherboard home that is currently occupied by a very popular café “The Harvest” which is renowned for the place to celebrate all things delicious as well as a detached 1-bedroom self-contained, modern studio with carport. The 3-bedroom home is filled with loads of character and charm including high ceilings, polished timber floorboards, wide decorative cornices, sash windows, and an open fireplace. There is also a full commercial kitchen (excluding Tenant’s fixtures, fittings and equipment) as well as the original country kitchen and modern bathroom. Behind the home and accessible from High Street, is where you will discover a self-contained unit and detached studio with attached carport. The Café is currently leased until 21 February 2026 at a gross rental of $560.00 per week exclusive of GST which is to be reviewed annually at CPI and includes a 3 year option to renew. The self-contained unit and detached studio are being marketed for rent at $350.00 per week. If required, upon expiration or sooner determination of the café, the home could easily be converted back into a residence. This property presents a great investment package and would be a wonderful addition to an investor’s portfolio or even first-time investors. So many options so why not contact Redden Family Real Estate for more information or to arrange your on-site tour.

• Zoned R2 Low Density Residential
• 701m2 block of land
• Multiple income opportunities
• Great investment for astute investors
• Character filled home including high ceilings, polished timber floorboards, decorative cornices and open fire place and spacious bedrooms
• Home can be converted back to a residence upon expiration or sooner determination of café lease
• Café currently leased until 21 February 2026 at a gross rental return $560.00 per week exclusive of GST ($29,120 p.a.) to be reviewed annually at CPI
• Potential rental return on self-contained unit and studio is $350.00 per week ($18,200 p.a.)
• Located in sought after South Dubbo location within close proximity to RAFE base which consists of mixed use businesses, Schools, parklands, sporting ovals and Dubbo’s CBD
• Council rates $2,962.13 p.a. approx.. plus trade waste, water and sewerage consumption charges

DISCLAIMER: The information and figures contained in this material is supplied by the vendor and is unverified. Potential buyers should take all steps necessary to satisfy themselves regarding the information contained herein.

Heating & Cooling

  • Air Conditioning
  • Gas Heating
  • Open Fireplace
  • Split-System Air Conditioning
  • Split-System Heating

Outdoor Features

  • Courtyard
  • Deck
  • Fully Fenced
  • Outdoor Entertainment Area
  • Secure Parking
  • Shed

Indoor Features

  • Broadband Internet Available

Location

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