37 Molong Road

Orange NSW 2800

124 m²

4041 m²

House

Currently for sale - view listing

Overview

Development Potential on Molong Road

Set on a substantial 4,041m² parcel of General Residential zoned land, 37 Molong Road presents an appealing prospect for developers and investors looking to explore future residential development in Orange (STCA). With site preparation already undertaken and an existing three-bedroom residence, the property offers considerable scope for purchasers looking to capitalise on its substantial landholding. Preparatory works undertaken on the property include the removal of nominated trees under an approved tree removal application (DA 117/2026). A two-metre-wide easement to drain sewage has also been registered on the property's title, benefiting the adjoining strata scheme. These works and arrangements represent a substantial investment by the current owners in exploring the property's future development potential. The existing three-bedroom residence offers potential holding income, with an estimated rental value of $550-$580 per week. The older-style home features high ceilings and timber floorboards, a north-facing living room with a brick fireplace and reverse-cycle air conditioning, while the generously sized main bedroom also enjoys a northerly aspect. A second living and dining area is positioned towards the rear, with additional features including a large laundry with a second shower, separate second toilet, instantaneous gas hot water system and detached double garage. Outside, the property features an expansive grassed area, established boundary trees and a long driveway providing access to the residence and shedding. The substantial grounds are a defining feature, providing considerable space to investigate future residential development possibilities (STCA). With its established Molong Road position, significant landholding and investment in site preparation, 37 Molong Road presents a substantial residential property with future development potential. Concept plans illustrating a possible residential development have also been prepared and are available alongside supporting property documentation to assist purchasers with their own investigations. Any future development would be subject to Council approval and relevant investigations.