Back 5/87 Gardiner Rd
Off Market

5/87 Gardiner Rd

Orange NSW 2800

3
1
1
Unit
Last sold for $490,000
Roger EddyRoger Eddy, last sold this property on 09 July 2026 after 34 days on market.

Overview

Income-Generating Investment, in a Prime Central Location

Positioned in a quiet & centrally located complex, this spacious 3-bedroom unit presents an outstanding opportunity for investors seeking a low-maintenance property, as it's currently leased & earning an Income of $ 430.00 per week, providing an established rental return. Conveniently located just a short walk from Orange CBD, the Summer Street shops, local schools, parks & walking tracks, this property combines lifestyle appeal, with long-term investment potential. The sunny north-facing living area offers year-round comfort with a split system air conditioner & electric heating, while the adjoining meals area opens directly onto a fully fenced private rear yard. The practical kitchen is well-equipped with an electric stove, rangehood, dishwasher & breakfast bench, making everyday living easy & functional. All three bedrooms include built-in wardrobes, providing excellent storage, while the bathroom features a separate shower, bathtub, vanity & separate toilet for added convenience. A full-sized laundry with direct backyard access adds further practicality & the covered carport provides secure off-street parking with direct access to the front entrance. Directly opposite the unit, a private pathway connects residents to nearby parks & walking tracks, providing easy access to the Aquatic Centre, Bowling Club, local schools & the Orange CBD, enhancing the convenience & appeal of this centrally positioned property. If sold to an Investor, the existing Tenant would be prepared to enter into another 12-month Residential Tenancy Agreement. With its central location & low-maintenance design, this property is well suited to Tenants & Owner-Occupiers seeking convenience & easy-care living. Orange Council Rates: $2,284.00 approx per annum Strata Levies: $2,600.00 approx per annum Key Features • Three spacious bedrooms with built-in wardrobes • Sunny north-facing living room • Split system air conditioning plus electric heating • Functional kitchen with electric stove, rangehood, dishwasher & breakfast bench • Meal's area opening onto a private low maintenance fully fenced rear yard • Bathroom with bathtub, shower & separate toilet • Full-sized internal laundry with backyard access • Covered carport with direct access to front door • Quiet, centrally located unit complex • Walking distance to CBD, parks, schools & amenities Investor Snapshot • Current Rent Income: $430.00 per week • Established Tenancy already in place • Low-maintenance brick & tile construction • Strong appeal for Tenants seeking central convenience • Ideal opportunity for investors, downsizers, or first home buyers Suburb Snapshot - Orange, NSW Orange is one of regional NSW's most desirable lifestyle destinations, offering a vibrant mix of cafés, restaurants, wineries, schools, healthcare facilities & recreational amenities. Its strong local economy & growing population continue to support ongoing buyer & tenant demand.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Orange over the last 12 months, the estimated median property value of 5/87 Gardiner Rd is $599k.

Median value
$599k
Estimated value range
$490k - $830k
Median days on market
46
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Orange. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/87 Gardiner Rd

2026
Sold
$490,000
09 Jul 2026 by Roger Eddy, of Raine & Horne Orange
2024
Rented
Undisclosed
Leased on 08 Oct 2024 by Raine & Horne Orange
2021
Rented
Undisclosed
Leased on 18 Aug 2021 by CENTURY 21 Combined Orange

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 3 bedroom units in Orange

In the last 12 months, 12 three-bedroom units similar to 5/87 Gardiner Rd, have been sold.

This represents a 22% decrease in three-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Orange

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent