This exceptional double brick property offers a unique chance to secure a lucrative investment or unique living arrangement offering a 5.6% return on investment. Cleverly converted into two spacious one-bedroom apartments, it provides a remarkable dual income stream. The front unit, freshly repainted with stylish timber-look flooring, boasts rental income of $400 per week with tenants in place for 12 months, while the rear unit is currently leased for $340 per week on a periodic basis.
Located in a tranquil street, just minutes from Orange's CBD, parks, and popular local hotspots like The Robin Hood Hotel and Perry Oval shops, this property ticks all the boxes. With its beautifully maintained interiors, modern touches, and expansive 974sqm block, it presents endless possibilities for investors, owner-occupiers, and developers alike.
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Two one-bedroom apartments with separate entrances
Front unit leased until 22nd March 2026 at $400/week
Rear unit leased on a periodic basis at $340/week
Freshly repainted front unit with new timber-look flooring and plush carpet in the bedroom
Beautifully maintained interiors with modern touches
Expansive 974sqm block with 13.3m frontage and development potential (STCA)
Shared backyard with mature trees
Updated electric kitchens, including dishwasher in front unit
Original bathrooms in excellent condition
Shared laundry room
Reverse cycle air conditioning in both units
Two single garages plus storage shed
400 metres from Jaeger Reserve, easy access to local schools
Land size: 978sqm
Unit 1 size: 58sqm
Unit 2 size: 63sqm
Council rates: $2,897.63 p
