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Overview
This property at 5 Gerber Place in Dubbo offers a compelling dual-income investment opportunity characterised by its substantial land size and versatile layout. Located in the popular Eastridge Estate, this substantial brick duplex features two separate residences on one title, each designed with generous proportions and practical features that appeal to tenants and investors alike.
The dual residences are thoughtfully planned with mirrored floor layouts, making management straightforward while providing distinct, liveable homes. Each home offers two bedrooms, a separate dining area, functional kitchen, spacious living room, bathroom, internal laundry, single lock-up garage, and a covered rear entertaining area. Such design ensures comfort and functionality that tenants value, contributing to steady occupancy and reliable rental income.
One of the standout features of this duplex is the exceptionally large backyard space that rivals typical dual-residence properties, offering a genuine residential lifestyle rather than cramped living conditions. The wide frontage and substantial driveway further enhance convenience, allowing easy off-street parking and accessibility. This generous outdoor environment provides tenants with space for recreation and relaxation, improving tenant satisfaction and rental appeal.
The property's solid brick construction adds longevity and durability, while features such as air conditioning, secure parking, and built-in wardrobes enhance everyday living standards. Investors will appreciate the existing tenancy arrangements, including a combined rental income of $815 per week with one lease secured until May 2027, delivering immediate cash flow and income diversification.
Overall, 5 Gerber Place is an attractive investment for those seeking to expand portfolios with a versatile property that balances income potential with tenant appeal through space, privacy, and quality construction. It represents a distinctive dual-income opportunity well-suited to investors seeking reliable returns without compromising on property size or tenant comfort.
Local Market Insights
In Dubbo, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $754,750. The property type mix of listed properties is predominantly Houses at 79%, followed by land (6%), and units (5%). The only agency with for duplexes listings currently monitored in the Dubbo area is Dubbo Real Estate Agency. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Dubbo NSW 2830
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