Sold
Last Asking Price - $800,000
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86 Spring Street, Orange NSW 2800

House
422
Block size: 713 m² approx.

WONDERFUL INVESTMENT OPPORTUNITY

Looking for a fantastic investment opportunity that boasts excellent returns, affordability, and potential growth? Look no further than owning not one, but TWO two-bedroom villas on the one title. This offer is exceptionally rare and is truly an investor's dream come true. At present, these well-designed villas offer a stunning combined income of $820 per week. With long-term leases already established, you don't have to worry about securing dependable tenants. Simply watch the passive income flow in. The best part? You'll pay just one set of council rates for both villas, making this investment even sweeter. Step into the comfort and convenience that each of these villas hold. With two spacious bedrooms in each villa, residents can marvel in the harmonious blend of relaxation and functionality. The intricate design, well-maintained interiors, management of space and overall appeal, paint a perfect picture for a long term investment. They are properties that effortlessly make inhabitants truly feel at home. One of the greatest allures of this dual property is its impressive deprecation benefits. As the new owner, you can leverage the depreciation of the property to obtain significant tax deductions. This financial advantage takes investment benefits to even grander heights. It is evident this opportunity stands out as more than just a real estate purchase - it's a strategic investment move that provides a stable income and exceptional tax benefits. Don't let this golden opportunity slip through your hands. Step into the world of prosperous investment with this rare and promising real estate deal. These two villas present a secure future filled with substantial economic returns and provide a gateway to lifelong financial gains. Invest today, prosper tomorrow. The key to your glorious financial future lies in these two stylish villas. Join the ranks of smart investors who make their money work for them. Take the leap and contact us today!

Features include: Built-In Wardrobes

Inspections

No open inspections scheduled.

Send an enquiry

Contact Scott Quirk to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
2
Property type:
House
Block Size:
713 *

Other Details

Lot:
6
Plan Type:
DP
Plan:
1019193
Legal description:
6/1019193
Orange Real Estate

Maps and area information

Block information
Block size: 713 (approx)
Legal description: 6/1019193
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
Need more info? We've got you covered.
A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
18 Apr 2024
Sold
Orange Real Estate
Listed: 19/03/2024
Block size: 713m²
Transfer type: Full transfer
20 Sep 2018
Sold
$640,000
Contract: 07/09/2018
Transfer: 20/09/2018
Block size: 713m²
Transfer type: Full transfer
Purpose: Residence
17 Oct 2008
Sold
$74,500
Contract: 17/10/2008
Transfer: 17/10/2008
Block size: 713m²
Transfer type: Full transfer
Purpose: Vacant land
28 Mar 2002
Sold
$48,000
Contract: 12/09/2001
Transfer: 28/03/2002
Block size: 713m²
Transfer type: Full transfer
Purpose: Residence
07 Jul 2000
Sold
$37,000
Contract: 07/07/2000
Transfer: 07/07/2000
Block size: 713m²
Transfer type: Full transfer

Orange suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
39 years
Population
41,232
Listing ID: 182385205. This listing has been viewed 4 times. It was first displayed on 19/03/2024 and last updated on 18/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.