1 Caroline Street, Orange, NSW 2800
- 7
- 3
- 3
Sold
Sold for $1,200,000 on Oct 06, 2023
Deceased Estate - 3 Dwellings on the 1 Holding - Earning An Income, Offering Unlimited Potential, Including the Ability to Value Add
1 Caroline Street, 1/1A Caroline Street & 2/1A Caroline Street, Orange
This unique multiple occupancy holding comprises a 3 bedroom rendered double brick home & 2 x 2 bedroom Duplex style Townhouses, all on the one Title. They currently earn a Weekly Income of $ 1,130.00 per week, with the potential to increase the Income, once the properties are updated. They are due for a makeover & they will earn you an Income, while you implement your upgrade plans, which would add value to the holding. The home is in original condition & includes a living room, dining room & adjoining kitchen, plus 3 double sized bedrooms, a bathroom with bathtub & handbasin, laundry & adjoining ensuite style bathroom, with shower recess & toilet, plus a carport. The 2 Townhouses each comprise an open plan living & meals area & adjoining kitchen with breakfast bench & laundry with second toilet downstairs & upstairs, 2 bedrooms with built-in wardrobes, the main with balcony, bathroom with corner bath/shower, vanity & toilet. The lock-up garage has internal access. Each dwelling has its own fenced yard & is metered separately, for services. It's the ideal holding for the Investor, looking to upgrade & increase the Rental Income, or even utilise them as air-BNB accommodation, the Owner/Occupier, who can live in one of the dwellings & earn an additional income from the other 2 dwellings, or even for the extended family. The possibilities are endless, as they are located in central & trendy east Orange, only 4 city blocks to the Summer Street shops & 3 city blocks to the Orange Railway Station. It's a holding that does have unlimited potential.
Roger Eddy
Director, Licensee & Property Consultant
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L20982722
- Property Type:Block of Units
- Garages:2
- Carports:1
- Land Area:1030 sqm
Need help with your finance?
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Craig Betalli
Mortgage Broker
Provided By
We Know Your Area
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
Recently Listed
Recently Sold