Unmissable dual income opportunity on large block
Presenting an outstanding income generating opportunity, this double brick home has been cleverly configured into two individual one bedroom apartments. It’s located in a quiet street, just a few minutes’ drive from Orange’s city centre, parks and is a short walk to The Robin Hood Hotel or Perry Oval shops.
– Beautifully maintained interiors feature modern enhancements
– Generous backyard with mature trees is shared by both homes
– Level 974sqm block holds vast potential for developers (STCA)
– Updated electric kitchens in both homes, the front unit has a dishwasher
– Original bathrooms in tidy condition, shared laundry room at rear
– Reverse cycle air conditioning in both units, two single garages plus storage shed
– Great option for investors seeking dual income opportunity
– Chance for owner-occupiers to live in one and rent the other
– Scope to add further value or knock down and rebuild (STCA)
– 400 metres from Jaeger Reserve, easy access to local schools
– Unit 1 leased for $240/week, lease expires 26/05/2022
– Unit 2 leased for $170/week, lease expires 12/09/2022
* Agent declares interest
Key Details
- Land size (approx.) 974 m2
- Council rates Contact Agent