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  • 36 & 36a Miriam Drive, ORANGE, NSW 2800

36 & 36a Miriam Drive, Orange, NSW 2800

  • 5 Bed
  • 3 Bath
  • 2garages

Sold

Sold for $875,000 on Mar 10, 2023

Near New Dual Occupancy - It's An Income Positive Investment - With Financial & Taxation Benefits

This Dual Occupancy Residential Investment is currently leased & Income Earning. Set on the one Title, it's less than 4 years old, so for the Investor, it will earn you a Weekly Income of $ 870-00 per week & you pay only one Land Rates component & the Taxation Benefits, include Depreciation, plus, being near new, there is limited maintenance & the Building Warranties still apply, making it an outstanding residential Investment proposition. Modern & up-to date its of brick construction & the 2 detached dwellings comprise, a 4 bedroom, 2 bathroom, 2 car garage, spacious home & an adjoining, 1 bedroom spacious fully self-contained unit. The home comprises a large sunny open plan living/meals area with glass sliding door opening to the rear yard & the adjoining kitchen is complete with an underbench oven, gas cooktop, rangehood, dishwasher & 2 door pantry, plus there is a separate family/home theatre room. All 4 bedrooms have built-in wardrobes, the main is complete with an ensuite & walk in robe, whilst the full size bathroom comprises a bathtub, shower recess, vanity & toilet. The home is complete with a full size laundry, internal & remote access is provided to the garage, it has ducted air-conditioning, providing heating & cooling for all year comfort & it has its own fully fenced yard. The adjoining free standing fully self-contained unit comprises an open plan living/meals area, which opens to a private courtyard style garden, the adjoining kitchen is complete with gas cooktop, underbench oven, rangehood & pantry. The separate sunny bedroom has a large built-in wardrobe & the bathroom/laundry combined includes a shower recess, vanity, toilet & laundry tub. The unit has a split system providing heating & cooling for all year comfort. Each dwelling is separately metered for services, so each Tenant pays their usage & consumption charges & each Tenant is well catered for. This dual occupancy is fully leased & a great set & forget investment proposition, ideal for the Investor.

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avatar Roger Eddy
Roger Eddy
Director, Licensee & Property Consultant

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Property Info:
  • Property ID: L21345595
  • Property Type:House
  • Garages:2
  • Land Area:703 sqm
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R&H Suburb Profile: Orange
R&H Suburb SummaryHouses
Number of sales747
Average Price$774,568
Median Price$690,000
Median Rental Price$540 p.w.
Change in Rental Rate (5yr)42 %
R&H Suburb SummaryUnits
Number of sales63
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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