This exceptional double brick property offers a unique chance to secure a lucrative investment or unique living arrangement offering a 5.2% return on investment. Cleverly converted into two spacious one-bedroom apartments, it provides a remarkable dual income stream. The front unit, freshly repainted with stylish timber-look flooring, boasts rental potential of $380 per week, while the rear unit is currently leased for $340 per week.

Located in a tranquil street, just minutes from Orange’s CBD, parks, and popular local hotspots like The Robin Hood Hotel and Perry Oval shops, this property ticks all the boxes. With its beautifully maintained interiors, modern touches, and expansive 974sqm block, it presents endless possibilities for investors, owner-occupiers, and developers alike.

FEATURES:
– Two one-bedroom apartments with separate entrances
– Front unit vacant with $380/week rental potential, rear unit leased for $340/week
– Freshly repainted front unit with new timber-look flooring and plush carpet in the bedroom
– Beautifully maintained interiors with modern touches
– Expansive 974sqm block with development potential (STCA)
– Shared backyard with mature trees
– Updated electric kitchens, including dishwasher in front unit
– Original bathrooms in excellent condition
– Shared laundry room
– Reverse cycle air conditioning in both units
– Two single garages plus storage shed
– 400 metres from Jaeger Reserve, easy access to local schools

FAST FACTS
– Land size: 978sqm
– Unit 1 size: 58sqm
– Unit 2 size: 63sqm
– Council rates: $2,897.63 per year
– Rental return: $720 – $750 per week (5.4% ROI)

DISCLAIMER
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