This 1920's central double brick home on bluestone foundations has unlimited potential. Currently 2 flats, it originally started life, as a 3-bedroom home, comprising a central hallway, separate loungeroom, separate dining room, separate kitchen, bathroom & an open verandah at the front, facing Anson Street. Original features include fireplaces with mantles, ornate plaster ceilings, wide timber floorboards & leadlight windows.
You could easily convert it back to a central inner-city Residence, by simply unlocking a door in the central hallway & renovating it, or adding an extension at the rear of the home, to give you & your family those extra living, bedroom & bathroom areas including, reinstating the open front verandah & taking advantage of the aspect, the open space in the rear yard & the central location.
Currently set up as 2 fully self-contained flats, comprising a 1x2 Bedroom flat & a 1x1 Bedroom flat, it earns an Income of $ 730.00 per week.
Located only 1.5 blocks to the Orange CBD, it comprises 2 Land Holdings & each Lot has an area of approximately 379 Square Metres, so there is also the potential to undertake a Boundary adjustment, placing the existing dwelling on one Title & building an additional dwelling on the second Title at the rear, with access off Parker Place & retaining both dwellings, or selling them separately for a profit.
There is also potential to convert it to Medical Consulting Rooms, subject to a DA, with off-street parking at the rear of the site.
It's one for the Purchaser wanting that central inner-city Residence, the extended families wanting to build a second self-contained dwelling on its own Title, the Investor, Health Consultants, Builders or Developers.
Where in Central Orange will you find a Site with so much potential & possibilities.
Current Rental Income: $ 730.00 per week
Zoned: R 1 General Residential
Total Land Area: 769.2 Sq M
Lot 1 in DP 906464, facing Anson Street comprises an area of 379.4 Sq M
Lot 1 in DP 906381, facing Parker Place comprises an area of 389.8 Sq M
