For investors who like the security of multiple income streams without sacrificing space, 5A & 5B Gerber Place presents an impressive dual-income opportunity in popular Eastridge Estate.
Comprising two individual two-bedroom residences on one title, this substantial brick duplex combines the practicality investors look for with the generous proportions tenants appreciate.
Each residence enjoys its own private entrance, spacious living room, separate dining area, functional kitchen, two bedrooms, bathroom, internal laundry, single lock-up garage and covered rear entertaining area.
Where this duplex really separates itself is outside.
Both homes enjoy exceptionally generous backyard space for a duplex, creating a genuine residential feel and providing tenants with considerably more outdoor area than is typically found in higher-density investment properties. The wide frontage, substantial driveway and individual garages add further practicality.
Inside, the floor plans are well proportioned, with particularly generous living spaces and good-sized main bedrooms. The approximately mirrored layouts also make the property straightforward to understand and manage as a dual-income investment.
With existing tenancy arrangements already in place, investors can acquire an established property with two separate residences and two potential income streams, all conveniently held within the one investment.
Investment Highlights
2 x two-bedroom duplex residences
4 bedrooms | 2 bathrooms | 2 single garages in total
Land size: 1304sqm
One title
Existing tenancy arrangements
Combined income of $815 per week
5B currently leased at $410 per week until 24 May 2027
Generous separate living areas to both homes
Dedicated dining areas
Practical individual kitchens
Internal laundries
Good-sized bedrooms
Single lock-up garage to each residence
Individual covered outdoor entertaining areas
Exceptionally large backyard space for a duplex
Wide driveway with excellent off-street access
Established brick construction
Popular Eastridge Estate location
A versatile addition to an established portfolio or attractive first dual-income investment
Offering space, simplicity and the advantage of income diversification, 5A & 5B Gerber Place is an investment property designed around two genuinely liveable homes rather than two compact units.
Contact Dubbo Real Estate Agency for current tenancy information, a copy of the Contract for Sale or to arrange your inspection.
Images may be digitally altered, including removal of personal belongings and/or addition of virtual staging. Permanent property features are not intentionally altered. Interested parties should make their own enquiries and verify all details.
The material and information contained within this marketing material is for general information purposes only. All information contained herein has been gathered from sources we deem to be reliable. However we cannot guarantee it’s accuracy. You should not rely upon this information and material as a basis for making any formal decisions. We recommend all interested parties make further enquiries to verify the information contained herein.
Features
- Air Conditioning
- Split-System Air Conditioning
- Secure Parking
- Built-in Wardrobes
