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