25 Racecourse Road, Orange, NSW 2800

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For sale

Price Guide: $ 510,000-00 to $ 525,000-00

Income Earning Investment Package - It Will Earn You A Better Income, Than Having The Money In Th...

This solid brick & tile home is currently leased & will earn you an Income, the moment that you own it. It has been updated inside & includes a sunny north facing living room with natural gas heater, adjoining meals area & updated kitchen, complete with breakfast bench, electric stove, rangehood & 2 door pantry cupboard. All bedrooms are double in size, two are complete with built-in wardrobes. The bathroom has been renovated & includes new wall & floor tiles, a bathtub, shower recess & vanity, whilst the toilet is separate & there is a hallway linen cupboard. The rear verandah has been enclosed to create a sitting nook, or all weather rear entry portico & this provides access to the separate laundry, which is complete with a store cupboard. The home is complete with polished timber floor boards throughout, new paintwork & new soft furnishings, plus a carport with double rear gates providing motor vehicle access to the fully fenced rear yard, which includes a store shed. Being low maintenance, this property will earn you an income of $ 410-00 per week & the Tenant is on a long term Residential Tenancy Agreement.

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Property Info:
  • Property ID: L15058306
  • Property Type: House
  • Carports: 1
  • Land Area: 562.8 sqm
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R&H Suburb Profile: Orange

R&H Suburb Summary Houses
Number of sales 1149
Average Price $541,401
Median Price $530,000
Median Rental Price $450 p.w.
Change in Rental Rate (5yr) 32 %
R&H Suburb Summary Units
Number of sales 113
Average Price $288,690
Median Price $327,000
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 40 %
Orange, NSW - Median Trend