Group Home Development !!!

10 Glenroi Ave, Orange NSW 2800 is proudly presented by Rafael Posadas of gofysh | estate agents.

CDC Development for a 10 room Group Home (Class 1B Building)

• R2 land zoning
• 661m2 land area
• 52m frontage

Currently a 3 bedroom, 1 bathroom, 3 car garage home rented @ $430 per week

• 1 min (92m) walk to nearest bus stop
• 14 min (1.1km) walk to Orange Homemaker Centre Shopping Mall
• 28 min (1.9km) walk to Orange Train Station
• 5 min (3km) drive to Dudley Private Hospital
• 6 min (4km) drive to Orange General Hospital
• 8 min (6km) drive to Charles Sturt University, Orange Campus
• 24 min (25km) drive to Cadia Gold Mine, Orange

Rental Potential (10 rooms x $370 per week) = $192,400 per annum

Gross Realisation Value (6%) = $3,207,000

Potential Build Cost (10 room Group Home) = $1,200,000

This is truly a great opportunity not to be missed!

Please call me anytime on 0433 777 941 for further information or to arrange a private inspection

Disclaimer – The information on this summary sheet should not be relied on as a substitute for legal and real estate advice. You should make your own inquiries as to the accuracy of any information or material contained in this document.