1706 Forest Road Orange NSW

The Elm Luxury Apartments ~ A Ready-Made Accommodation Investment

For Sale

Block of Units

9
9
9

Guiding $3.5m

Overview

Type
Block of Units
Contract
For Sale
Land Size
1,541 sqm
Garage
9

The Elm Luxury Serviced Apartments presents an established accommodation investment with multiple income streams on a substantial 1541sqm holding, just 2.5km from Orange CBD

Nine Apartments, Multiple Income Streams
Comprising seven self-contained one-bedroom apartments and two studio apartments, each with dedicated parking, the property is well positioned to capture demand from corporate and business travellers, hospital visitors, contractors, sporting groups and holidaymakers.

Income From Day One
With an established accommodation model already in place and a gross return of approx. $327,500 p/a last financial year, investors can step straight into an income-producing asset with broad guest appeal.

Comfortable, Self-Contained Stays
Each individually themed apartment provides comfortable, independent accommodation with a private entrance, air-conditioning and its own garden or outdoor space. The one-bedroom apartments feature open plan living, dining and fully equipped kitchens, while all accommodation includes practical facilities for short or extended stays, including cooking appliances, refrigeration, washing machines and Wi-Fi. Dedicated on-site parking for every apartment adds another important drawcard for guests travelling by car.

Location:
Sir Jack Brabham Park – 650m
Bloomfield Hospital – 1.9km
Orange Private Hospital – 2.2km
Orange Central Square – 2.5km
Orange Regional Airport – 10.8km
Cadia Mine – 29km


Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

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