296-298 Summer Street,
Orange, NSW 2800
Offices • Shops & Retail • Other
Price information
Sale - Auction
Auction
Key property information
Land area
Floor area
Zoning
Tenure type
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Map of 296-298 Summer Street
Train stations within 5 km of 296-298 Summer Street, Orange, NSW 2800 Distance Orange Station 263 m Orange East Fork Station 1.8 km POWERED BY HERE ©Bus stops within 5 km of 296-298 Summer Street, Orange, NSW 2800 Distance Summer St Opp Robertson Park 130 m Peisley St Opp Orange Station 227 m Summer St Before Lords Pl 243 m McLachlan St Opp Dora St 534 m Summer St at Sale St 683 m POWERED BY HERE ©
POWERED BY HERE ©
Secure Investment: Multi-Tenanted Office Building w/ Rental Upside
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 via Auction on Tuesday, 26th November 2024.
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 via Auction on Tuesday, 26th November 2024 at 10:30am (AEDT). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive selling team below.
* Approximately
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 via Auction on Tuesday, 26th November 2024 at 10:30am (AEDT). The Auction will be held at AuctionWORKS, 50 Margaret Street, Sydney NSW 2000.
For further information, please contact the exclusive selling team below.
* Approximately
Additional information
External websites
Property ID: 504722312Last Updated: 19 Nov 2024
RWC - SC
Level 7 / 44 Martin PlaceSYDNEY, NSW 2000
+61 480 010 3...
296-298 Summer Street
Orange, NSW 2800
RWC - SCLevel 7 / 44 Martin Place
SYDNEY, NSW 2000
SYDNEY, NSW 2000
