Orange80-84 Kenna Street

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Orange80-84 Kenna Street

Investment opportunity

Location
Kenna Street, Orange, NSW 2800 close to Orange CBD, Woodward Street, The Mitchell Highway, Orange High School and Duntryleague Golf Course.

Zoned 2(a) Urban Residential.

Land
3 Adjoining street frontages on 2 titles.
80-82 Kenna DP818542 & 84 Kenna DP508545
80-82 Kenna comprises 4,152 sq.m
84 Kenna comprises 695 sq.m
Total available 4,847 sq.m
Part of the land is undeveloped open recreational space, currently mature trees, lawn and parking spaces. Potential exists to further develop additional units (approx 5) on this vacant land, included in the offering (STCA)

Buildings
13 affordable rental residential units in total.
80-82 Kenna Street: Brick Duplex. 2 units with garage and storage area underneath. (1 x 1BR and 1 x 2BR)
82 Kenna Street: 10 Brick single storey units. (6x2BR with garage and 4 x 1BR)
4 bay undercover carport.
Small storage shed.
84 Kenna Street: Weatherboard 3BR cottage.
Garage
Storage shed/workshop.
Current gross yield at asking price is 7.5%.

Contact Agent

Marty Lyden

02 6362 6966

0404 070 391

Doone Grist

02 6362 6966

0418 288 433

Sold

Undisclosed 

22 13 13

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