Positioned on a substantial 1,398.4sqm holding across two separate titles, this fully leased complex presents a superb investment opportunity. Comprising five one-bedroom and one two-bedroom residence, each with its own dedicated car space, the property delivers an immediate combined rental income of $115,960 per annum approx. while offering multiple avenues to unlock future value.
The two front units occupy one title, with four units positioned on the second title at the rear, creating flexibility for future plans. Explore the potential to strata title and sell individually (STCA), undertake cosmetic upgrades to increase rental returns, redevelop or further subdivide the site (STCA), or simply enjoy the security of a proven, set-and-forget investment with multiple income streams.
Set on Prince Street, this convenient location places Orange Central Square and the CBD only 1.4km from home. Restaurants, parks and public transport are all close by, ensuring ongoing appeal to tenants.
Six units across two titles on 1398.4sqm corner block
One x two bed, one x one bed unit at front on one title
Four x one bedroom units on second title at rear
Future scope to renovate, individually strata title, sub-divide or develop (STCA)
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.
