1706 Forest Road, Orange, NSW 2800

Guiding $3.5m

Block Of Units
Type
9
Bedrooms
9
Bathrooms
9
Parkings
1,541 m²
Area

Published on Thursday, August 27, 2026 ( See property details for 1706 Forest Road, Orange, NSW 2800)

Guiding $3.5m

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

The Elm Luxury Serviced Apartments offers a profitable, well-located investment opportunity with nine self-contained units and multiple income streams in Orange, NSW.

🏡 Property Highlights

  • Established accommodation investment with multiple income streams
  • Substantial 1,541 sqm holding close to Orange CBD
  • Nine self-contained apartments with dedicated parking
  • Strong gross annual income of approximately $327,500
  • Flexible accommodation options including one-bedroom and studio apartments
  • Prime location near hospitals, parks, and regional airport

✨ Key Features

  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Wi-Fi
  • Refrigeration
  • Washing Machines
  • Dedicated Parking
  • Self-Contained Apartments
  • Garden

Orange is a vibrant regional centre renowned for its thriving healthcare, education, and agricultural sectors. The suburb offers excellent amenities, parks, and a strong community vibe. Its strategic location near hospitals and the CBD makes it ideal for both residents and visitors. The area benefits from ongoing development and a stable property market, ensuring long-term growth potential.

What types of tenants are most likely to rent these apartments?
The apartments are well-suited for corporate and business travelers, hospital visitors, contractors, sporting groups, and holidaymakers seeking comfortable, independent accommodation.
Are the apartments fully furnished and equipped?
Yes, each apartment features open plan living, fully equipped kitchens, cooking appliances, refrigeration, washing machines, and Wi-Fi, making them suitable for short or extended stays.
What is the current occupancy rate and income stability?
The property has an established accommodation model with a gross annual income of approximately $327,500, indicating a stable income stream from day one.
Is there on-site parking available for each apartment?
Yes, each apartment has dedicated parking, which is a key feature for attracting guests traveling by car.
What are the future development prospects in the area?
Orange is experiencing ongoing growth with strong demand for accommodation, supported by its proximity to hospitals, the CBD, and regional amenities, promising good long-term investment potential.
Are there any additional costs such as strata fees, management fees, or maintenance charges? Have all necessary planning approvals and permits been obtained for the current use? Are there any existing or potential zoning restrictions that could affect future development? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any ongoing or upcoming construction projects nearby that could impact the property or its appeal? What are the terms of the current lease agreements, and are there any lease expirations or renewal conditions? Are there any easements, covenants, or restrictions affecting the property? Has the property been inspected recently for structural or maintenance issues? What are the details regarding the property's compliance with local building codes and safety standards? Are there any strata or management body fees, and what do they cover?

1706 Forest Road, Orange, NSW 2800 - More Details

Guiding $3.5m

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.
Type
Block Of Units
Bedrooms
9
Bathrooms
9
Parkings
9
Area
1,541 m²

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