38 Miriam Drive, Orange, NSW 2800
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For Sale
Price Guide: $ 895,000-00 to $ 920,000-00
Dual Occupancy - It's An Income Positive Investment- Earning An Income Of $ 940-00 per week - With Financial & Taxation Benefits
38 & 38a Miriam Drive, Orange
This Dual Occupancy Residential Investment is currently leased & will earn you an Income of $ 940-00 per week, the moment that you own it . Set on the one Title, it's only 4 years old, so for the Investor, you pay only one Land Rates component & Taxation Benefits, include Depreciation, plus, there is limited maintenance, due to its age & the Building Warranties still apply. It's an outstanding Residential Investment proposition, on Freehold Title, so there are no Strata Fees payable, being modern & up-to date, it's of brick construction & the 2 attached dwellings comprise, a 4 bedroom, 2 bathroom, 2 car garage, spacious home & an adjoining, 1 bedroom, 1 bathroom, spacious fully self contained unit. The home comprises a large sunny open plan living/meals area & the adjoining kitchen is complete with an underbench oven, gas cooktop, rangehood, dishwasher & 2 door pantry, plus there is a separate family or home theatre room, with glass doors opening to an outdoor area. All 4 bedrooms have built-in wardrobes, the main is complete with an ensuite & walk in robe, whilst the full-size bathroom comprises a bathtub, shower recess, vanity & toilet. The home is complete with a full-size laundry, internal & remote access is provided to the garage, it has ducted air-conditioning throughout, providing heating & cooling for all year comfort & it has its own fully fenced yard. The adjoining self-contained unit comprises an open plan living/meals area, which opens to a private courtyard style garden, the adjoining kitchen is complete with gas cooktop, underbench oven, rangehood & pantry. The separate sunny bedroom has a large built-in wardrobe & the bathroom/laundry combined include a shower recess, vanity, toilet & laundry tub. The unit has a split system air-conditioner providing both heating & cooling for all year comfort. Each dwelling is separately metered for services, so each Tenant pays their own consumption & utilities charges & each Tenant is well catered for. This dual occupancy is a great set & forget investment proposition, ideal to add to your Investment Portfolio.
Roger Eddy
Director, Licensee & Property Consultant
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Property Info:
- Property ID: L30427145
- Property Type:House
- Garages:2
- Land Area:703 sqm
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R&H Suburb Profile: Orange
R&H Suburb Summary | Houses |
---|---|
Number of sales | 747 |
Average Price | $774,568 |
Median Price | $690,000 |
Median Rental Price | $540 p.w. |
Change in Rental Rate (5yr) | 42 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 63 |
Average Price | $485,547 |
Median Price | $490,000 |
Median Rental Price | $440 p.w. |
Change in Rental Rate (5yr) | 63 % |
Median Trend - $690,000
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