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17/124 Margaret Street

Orange NSW 2800

1
1
Unit
Currently for sale - view listing

Overview

Smart Investor: Upgraded Complex, Strong Rental Demand

Fast Facts: Property Built: Approx. 1970 Strata levies: $779 per quarter Council rates: $541 per quarter Current rent: $250 per week Current lease term: lease ends 18th April 2027 Offering a secure foothold in Orange's investment market, this neatly presented one-bedroom unit combines immediate income with clear future upside. Set within a well-maintained complex that has benefited from significant recent upgrades, it is an appealing low-maintenance addition for first-time investors and established portfolio holders alike. A long-term tenant is already in place through to April 2027, providing confidence and continuity from day one. With recently leased one-bedroom units in the complex achieving between $300 and $320 per week, the property also presents a compelling opportunity to benefit from the complex's improved presentation and strong rental appeal at a future lease renewal. - One comfortable bedroom with built-in robe - Refreshed kitchen with integrated laundry facilities - Recently painted interiors for a fresh, low-maintenance finish - Secure fixed-term tenancy in place until 18 April 2027 - Well-maintained complex with recent upgrades enhancing tenant appeal - Potential for future rental growth, supported by recent comparable leases within the complex

Features

1 bedroom
1 bathroom
Unit

Property history for 17/124 Margaret Street

2022
Rented
Undisclosed
Leased on 28 Oct 2022 by Belle Property Orange
2022
Sold
Undisclosed
29 Sep 2022 by Marty Lyden, of Williams Machin Real Estate
2017
Rented
Undisclosed
Leased on 11 Jul 2017 by Orange Real Estate

Happy sellers in Orange

88%
88% of sellers in Orange reported that their sale price either exceeded or met their price expectations.

Orange stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 184 reviews in Orange over the last 12 months.

Local market activity for 1 bedroom units in Orange

In the last 12 months, 5 one-bedroom units similar to 17/124 Margaret Street, have been sold.

This represents a 400% decrease in one-bedroom units sales when compared to the previous 12 months.

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