59 Orr St, Queenstown is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 250m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2020.
This property is a unique and fantastic opportunity for both investors or homeowners alike, especially those with a business plan. There are two separate sections of the building, both of which contain all the essential facilities. Bring in two potential rental yields or open a shop and live in the back. The options are endless!
The front room is large in size with wide windows fronting the street. Located in the main shopping street of Queenstown this provides a perfect opportunity for a shopfront. However, it can also suffice as a residential flat with its own bathroom and kitchen facilities.
The separate living quarters at the back of the property are away from the main road therefore quiet and fully fenced for privacy. This section is currently tenanted at $180 per week. The two bedrooms are of a good size. The open plan living adds a nice touch along with the pressed tin ceiling. A reverse cycle air conditioner provides both warmth in winter and cool in summer. Electric cooking is present in the unique timber kitchen. The main bathroom with a separate toilet are adjacent to the bright and sunny laundry. Parking is available under the carport providing undercover entry into the dwelling. The cemented courtyard area is perfect for extra parking or entertaining. There is a small garden shed.
Please call Rodney to discuss further or to organise an inspection.
The size of Queenstown is approximately 132.1 square kilometres. It has 7 parks covering nearly 0.7% of total area. The population of Queenstown in 2011 was 1,973 people. By 2016 the population was 1,768 showing a population decline of 10.4% in the area during that time. The predominant age group in Queenstown is 50-59 years. Households in Queenstown are primarily childless couples and are likely to be repaying $300 - $449 per month on mortgage repayments. In general, people in Queenstown work in a labourer occupation. In 2011, 71% of the homes in Queenstown were owner-occupied compared with 69.7% in 2016.
Queenstown has 1,576 properties. Over the last 5 years, Houses in Queenstown have seen a 128.93% increase in median value, while Units have seen a 46.41% increase. As at 31 October 2024:
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