Income Now, Value-Add Later

Secure a property that pays its way from day one - 32 Alcheringa Street is currently tenanted at $380 per week, giving you rental income while you plan your next move on a genuinely great block.

Sitting on a generous 788m² parcel, this 2-bedroom, 1-bathroom home offers plenty of scope for buyers ready to add value. The home is ready for updating, but the fundamentals are all here: solid 1960s bones, a well-proportioned layout, and a block size that's increasingly hard to find at this price point.

The block is the standout feature. There's real potential to renovate and extend the existing home, or explore a second dwelling subject to council approval (STCA) - a genuine opportunity to maximise the site and boost long-term returns. With the existing tenancy in place, you've got income covering costs while you plan a renovation, a rebuild, or a second dwelling addition.

For buyers willing to put in the work, this is the kind of property where a well-planned upgrade or second dwelling could significantly increase both rental return and resale value. Opportunities offering income, land size, and a clear path to add value are becoming increasingly rare in Dubbo.

Property Features:

Currently tenanted at $380 per week
2 bedrooms, 1 bathroom
788m² block - renovate, extend, or add a second dwelling (STCA)
Council rates approx. $2,748.67 per annum
Built 1960
Genuine value-add opportunity

Contact us today to arrange an inspection.