284 Anson Street, Orange, NSW 2800

Currently 2 Flats, earning an Income of $ 730.00 per week. With Unlimited Potential & Possibilities, this unique holding is centrally located opposite the TAFE College & only 1.5 blocks to the Orange CBD. It comprises 2 Land Holdings & each Lot has an area of approximately 379 Square Metres. It has unlimited potential & originally started life, as a 3 bedroom double brick dwelling on blue stone foundations, with a separate loungeroom, separate dining room, separate kitchen, bathroom & open verandah at the front of the home on Anson Street & features included, open fireplaces with mantles, ornate plaster ceilings, wide timber floorboards & leadlight windows. It is now currently set up as 2 fully self-contained flats, comprising a 1x2 Bedroom flat & a 1x1 Bedroom flat. It's located close to the CBD, in the Medical Precinct of the City & adjoining it is Residential Homes & Strata Units & Medical & Health Consulting Rooms. As such there is potential to convert it to Medical Consulting Rooms, subject to a DA, with off-street parking at the rear & access provided off Parker Place. Or you could easily convert it back to a central inner-city Residence, by simply unlocking a door in the hallway, reinstating the open front verandah, adding an extension to give you & your family extra living, bedroom & bathroom areas & taking advantage of the aspect & the open space in the rear yard, taking it back to its former glory. You also have the option to undertake a Boundary adjustment, placing the existing dwelling on one Title & build an additional central dwelling on the second Title at the rear, for extended family, with access off Parker Place, or when completed, sell them both separately for a profit. Or, you could retain all properties, as Income Earning Investments & renovate them & increase the weekly rental, or operate them as Airbnb's, the possibilities are endless. Look outside the square & undertake a Concept Plan for this site. Where in Central Orange will you find a Site with so much potential & possibilities. It's one for the Builders, the Developers, the Purchaser wanting that central inner-city Residence, the extended families wanting a self-contained Dwelling on its own Title, the Investor, or the Health Consultants.

Current Rental Income: $ 730.00 per week

Zoned: R 1 General Residential

Lot 1 in DP 906464, facing Anson Street comprises an area of 379.4 Sq M

Lot 1 in DP 906381, facing Parker Place comprises an area of 389.8 Sq M