39 Hickory StreetDorrigo NSW 2453
Property Details for 39 Hickory St, Dorrigo
Last Listing description (December 2024)
An exciting property offering several options to the astute investor. 1012 sqm commercial lot fronting the main street of Dorrigo.
A large solid brick building contains The Dorrigo Woodfired Bakery, one of only a few genuine wood-fired bakeries left in Australia. At the rear of the property, serviced by a sealed laneway, is a totally separate 3 bedroom brick and tile residence with a new kitchen and fresh internal paint.
Currently both buildings are leased separately, returning 2 streams of rental income. The astute investor could purchase and enjoy this income stream, or they could live in the residence, while collecting the rentals from the bakery.
Residential property features:
3 bedrooms (2 with BIR's). 1 bathroom
2 sunrooms and a study
Gorgeous loungeroom with high ceilings and wooden features
Brick & tile home built approx. 1972
Freshly internally painted
New kitchen
Single carport
Fireplace
Prime location, stone's throw to all town amenities
Commercial property features:
Built approx. 1948
Fully operational wood fired bakery
Original English Scotch ovens - fully refurbished in 2023
Large storage space located upstairs
Shop front direct to foot traffic on Hickory Street
Side access to prep area and driveway
Large preparation area hosting the wood fire ovens
Located in the beautiful town of Dorrigo, the mountainous hinterland of the Coffs Coast, situated on the main thoroughfare, Waterfall Way, that links the New England area to the coastal strip. Be in the vibrant town of Bellingen in 30* minutes, Coffs Harbour within the hour*, and the university city of Armidale in 1.5* hours.
The Dorrigo Plateau is a most desirable location. High rainfall and a beautiful year-round climate that celebrates the seasons. The town and therefore the property has loads of future potential.
ZoneE1 - Local Centre
Please note the Freehold is for sale not the business.
Enquire today!
*Image of storeroom has been digitally decluttered*
*Approximately*
Disclaimer: All information contained herein is gathered from sources we believe reliable. We have no reason to doubt its accuracy, however, we cannot guarantee it.
Property History for 39 Hickory St, Dorrigo, NSW 2453
- 20 May 2024Listed for Sale $895,000
- 31 Aug 2018Listed for Sale Not Disclosed
- 30 Aug 2018Sold for $480,000
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0About Dorrigo 2453
The size of Dorrigo is approximately 40.5 square kilometres. It has 14 parks covering nearly 1.4% of total area. The population of Dorrigo in 2011 was 1,523 people. By 2016 the population was 1,197 showing a population decline of 21.4% in the area during that time. The predominant age group in Dorrigo is 60-69 years. Households in Dorrigo are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Dorrigo work in a labourer occupation. In 2011, 73.2% of the homes in Dorrigo were owner-occupied compared with 73.2% in 2016.
Dorrigo has 893 properties. Over the last 5 years, Houses in Dorrigo have seen a 80.12% increase in median value, while Units have seen a -41.81% decrease. As at 30 November 2024:
- The median value for Houses in Dorrigo is $582,295 while the median value for Units is $199,303.
- Houses have a median rent of $410.
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