16 Victoria Street, Orange, NSW 2800

  • 6
  • 3
  • 3

Sold

Sold for $650,000 (Jul 02, 2019)

3 x 2 Bedroom Units, All Income Earning, Showing A Gross Return of 6.26%, Al...

These 3×2 Bedroom Units have been updated & are located in a quiet central West Orange cul-de-sac, they overlook parkland & are in easy walking distance to neighbourhood shops & a local Tavern. The possibilities are endless, currently earning an Income of $ 41,340.00 & fully Leased, you can add them to your Super Fund. Or, Strata them & sell them individually, for a profit. Each Unit comprises an open plan living area & adjoining meals & modern kitchen complete with electric stove, rangehood & good bench space. The bedrooms are spacious, the bathrooms are complete with a shower recess, bathtub, vanity & toilet & the laundry is separate. Each Unit has a split system air-conditioner in the living room, its own lock-up garage & a private yard. They have a high occupancy rate for the astute Investor. Of Brick & Tile Construction, they have full brick dividing walls & are easily converted to Strata Title.

Property Info:
  • Property ID: 19927148
  • Property Type: BlockOfUnits
  • Garages: 3
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R&H Suburb Profile: Orange

R&H Suburb Summary Houses
Number of sales 811
Average Price $476,341
Median Price $434,000
Median Rental Price $375 p.w.
Change in Rental Rate (5yr) 14 %
R&H Suburb Summary Units
Number of sales 78
Average Price $423,866
Median Price $272,000
Median Rental Price $280 p.w.
Change in Rental Rate (5yr) 12 %
Orange, NSW - Median Trend
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