42 Rosemary Lane, Orange is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 817m2 and floor size of 141m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 3 bedroom House sold in Orange in the last 12 months.
This enviably positioned property is situated right in the heart of Orange in a whisper quiet location, and offers a unique opportunity to renovate an existing home or to knock down and build the house of your dreams. While the current home is functional and offers many delightful features, there is also a DA approval for a large five-bedroom home. There may also be astute buyers who are considering building multiple dwellings on this amazing site (STCA). Here is your opportunity to buy in Rosemary Lane, an incredibly desirable location, close to Gladstone Hotel and Byng Cafe.
EXISTING HOME
Offering a separate lounge/family area with gas heating, plus a separate dining/kitchen area with electric wall oven and cooktop. The modern, renovated bathroom has a shower, bath, vanity and toilet, plus a second toilet off the laundry. Complete with a double carport, plus a four-car garage. The property is currently running as a successful AirBNB and last returned $58,190 gross for 22/23.
DA APPROVED HOME
Approval has been granted to build a heritage-inspired 5-bedroom home with a double garage and swimming pool. This generous and cleverly designed luxury home totals 402.87sqm and would offer an enviable lifestyle in the centre of Orange.
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 22,339 properties. Over the last 5 years, Houses in Orange have seen a 70.21% increase in median value, while Units have seen a 80.60% increase. As at 31 July 2024:
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