FOR SALE
Price Guide: $ 895,000-00 to $ 920,000-00

38 Miriam Drive
Orange NSW 2800

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 703m2
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Dual Occupancy - It's An Income Positive Investment- Earning An Income Of $ 970-00 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 $ 970-00 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.

Property Details for 38 Miriam Dr, Orange

38 Miriam Dr, Orange is a 5 bedroom, 3 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 703m2. The place is currently for sale with Raine & Horne Orange.

Building Type
BlockOfUnits
Land Size
703m2

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About Orange 2800

The size of Orange is approximately 150.6 square kilometres. It has 98 parks covering nearly 4% of total area. The population of Orange in 2011 was 35,990 people. By 2016 the population was 38,093 showing a population growth of 5.8% in the area during that time. The predominant age group in Orange is 0-9 years. Households in Orange are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orange work in a professional occupation. In 2011, 62.9% of the homes in Orange were owner-occupied compared with 61.8% in 2016.

Orange has 22,416 properties. Over the last 5 years, Houses in Orange have seen a 64.53% increase in median value, while Units have seen a 53.67% increase. As at 30 November 2024:

  • The median value for Houses in Orange is $645,195 while the median value for Units is $395,451.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 216 properties listed for sale, and 104 properties listed for rent in Orange on OnTheHouse. According to CoreLogic's data, 952 properties were sold in the past 12 months in Orange.

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Roger Eddy
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