Under Offer

5/87 Gardiner Rd, Orange, NSW, 2800

Price Guide: $ 480,000.00 to $ 490,000.00

3
1
1

Unit

30+ days on the market

What's around 5/87 Gardiner Rd

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.

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