296-298 Summer Street, Orange, NSW 2800

Offices
|Retail
|Other
For Sale
For Sale
Published on: 27 Oct 2024
Last updated on: 28 Nov 2024
296-298 Summer Street, Orange, NSW 2800
296-298 Summer Street, Orange, NSW 2800
296-298 Summer Street, Orange, NSW 2800
+21
296-298 Summer Street, Orange, NSW 2800
  • 21
Property ID: 504722312
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Key property information

Land Size
553.00 m2
Zoning
E2 - Commercial Centre
Floor Area
1,900.00 m2
Tenure Type
tenanted

Secure Investment: Multi-Tenanted Office Building w/ Rental Upside

296-298 Summer Street, Orange, NSW 2800
Ray White Commercial (SC), in conjunction with Ray White Townsend Real Estate, is pleased to present to market 296-298 Summer Street, Orange. This prime commercial freehold in the heart of Orange CBD will be offered for sale.

This substantial four-level property spans approximately 1,900 sqm* of building area, featuring two balconies and a carport, with 1,755 sqm* of net lettable space. Boasting lift access to all levels, ducted air conditioning, open plan modern office spaces and a rooftop solar system. 

With E2 Commercial Centre zoning, the property is suitable for various uses including office, entertainment, and retail.

Orange is a vibrant regional city located 254 km* west of Sydney, known for its perfect mix of country charm and modern amenities. A regional hub for shopping, business, education, and healthcare, Orange is also famous for its thriving food and wine scene. Serving over 150,000 people, the city is a popular holiday destination and a key centre for commerce in the region.

Additional highlights of the asset include:

• Current Annual Gross Income: $375,000 + GST* (12 month rental guarantee offered) 
• Potential Fully Leased Annual Gross Income: $526,931.69  +GST*
• Site area: 553 sqm*
• Building area: 1,900 sqm*
• Net Lettable Area: 1,755 sqm*
• 2 x balconies (107.58 sqm*) and a carport (109 sqm*)
• Lift access to all levels, ducted air conditioning, open plan modern office spaces and a rooftop solar system
• New solar panels installed
• Zoned E2 - Commercial Centre
• Diverse income streams across multiple different tenancies 
• Dual street access with ample on street parking and public car park access at the rear
• Offered subject to existing tenancies

The property is offered for sale.

For further information, please contact the exclusive selling team below. 


* Approximately

Property Details

Basic Info

Property Type
OfficesRetailOther
Listing Status
On Market
Land Size
553.00 m2
Address
296-298 Summer Street, Orange, NSW 2800
Samuel Hadgelias
Samuel Hadgelias
Level 7 / 44 Martin Place, Sydney, NSW 2000
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Samuel Hadgelias
Samuel Hadgelias
Level 7 / 44 Martin Place, Sydney, NSW 2000
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      Property ID: 504722312

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