1-7/86 Nile Street, Orange, NSW 2800
- 7
- 7
- 7
Sold
Sold for $2,200,000 on Apr 10, 2024
Investors Note - 7 x 1 Bedroom Townhouses-On The One Title & All Income Earning
7 x 1 Bedroom Townhouses All On The One Title-All Income Earning & Showing A Good Return-It's The Ideal Investment Package & Better Than Money In The Bank.
These 7 x 1 bedroom Townhouses are located in central trendy east Orange, in close proximity to neighbourhood shops & parkland. The possibilities are endless, currently earning a substantial Income & fully leased, you can add them to your Super Fund & hold onto them long term. Or, you have the option to Strata them & sell them individually, for a profit. Each Townhouse comprises an open plan living & meals area with glass sliding door, which opens to the private rear yard. An adjoining kitchen is complete with electric stove, rangehood & breakfast bench. The bathroom/laundry comprises a shower recess, vanity, & laundry tub, whilst the toilet is separate. Each Townhouse has a split system air-conditioner for all year comfort, lock-up garage with remote & internal access & fully fenced yard. They have a high occupancy rate, are each metered separately for power, gas & water, making them the ideal Investment proposition. Of brick & colourbond construction, they have full brick dividing walls & are easily converted to Strata Title.
Roger Eddy
Director, Licensee & Property Consultant
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Property Info:
- Property ID: L25996061
- Property Type:Block of Units
- Garages:7
- Land Area:2185 sqm
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R&H Suburb Profile: Orange
R&H Suburb Summary | Houses |
---|---|
Number of sales | 747 |
Average Price | $774,568 |
Median Price | $690,000 |
Median Rental Price | $540 p.w. |
Change in Rental Rate (5yr) | 42 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 63 |
Average Price | $485,547 |
Median Price | $490,000 |
Median Rental Price | $440 p.w. |
Change in Rental Rate (5yr) | 63 % |
Median Trend - $690,000
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