32 Algona Cres

Orange NSW 2800

597 m²

House

Currently for sale - view listing

Overview

Set-and-Forget Investment, Lease Secured to 2028

This neat three-bedroom home is excellent value for investors who want a steady, low-maintenance addition to their portfolio. Long-term tenants have called it home since 2022, and their lease runs until May 2028, giving you secure income from day one. Inside, a bright lounge with timber-framed windows flows to a separate dining area beside the kitchen. A split system a/c keeps the main living space comfortable all year. Outside, the street appeal is immediate: a classic front verandah framed by established flowering gardens. The large, level backyard is a real highlight, with lawn, raised vegetable beds, a garden shed and district views to the ranges. It's equally suited to a family wanting room to grow, an owner-occupier planning ahead, or an investor seeking proven tenant demand at an affordable entry point. - Three god sized bedrooms - Large open north facing living area with split system air-conditioning - Tidy kitchen with electric cooking and ample storage - Neat and tidy bathroom - Covered front verandah and side carport with gated access to the rear - Large backyard with established gardens, raised vegetable beds, shed and district views - Leased to long-term tenants until May 2028, currently returning $375 per week (rent increasing to $390 per week from May 2027)