1706 Forest Road

Orange NSW 2800

1541 m²

Block of units

Currently for sale - view listing

Overview

The Elm Luxury Apartments ~ A Ready-Made Accommodation Investment

The Elm Luxury Serviced Apartments presents an established accommodation investment with multiple income streams on a substantial 1541sqm holding, just 2.5km from Orange CBD Nine Apartments, Multiple Income Streams Comprising seven self-contained one-bedroom apartments and two studio apartments, each with dedicated parking, the property is well positioned to capture demand from corporate and business travellers, hospital visitors, contractors, sporting groups and holidaymakers. Income From Day One With an established accommodation model already in place and a gross return of approx. $327,500 p/a last financial year, investors can step straight into an income-producing asset with broad guest appeal. Comfortable, Self-Contained Stays Each individually themed apartment provides comfortable, independent accommodation with a private entrance, air-conditioning and its own garden or outdoor space. The one-bedroom apartments feature open plan living, dining and fully equipped kitchens, while all accommodation includes practical facilities for short or extended stays, including cooking appliances, refrigeration, washing machines and Wi-Fi. Dedicated on-site parking for every apartment adds another important drawcard for guests travelling by car. Location: Sir Jack Brabham Park – 650m Bloomfield Hospital – 1.9km Orange Private Hospital – 2.2km Orange Central Square – 2.5km Orange Regional Airport – 10.8km Cadia Mine – 29km Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.