1-6/13 Orange St, Parkes, NSW, 2870

Investment Opportunity - Six Studio Units in One Package

Unit
Type
6
Bedrooms
6
Bathrooms

Last updated on Saturday, March 07, 2026 ( See property details for 1-6/13 Orange St, Parkes, NSW, 2870)

Auction

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A rare investment opportunity offering six modern, fully furnished studio units with reliable income in a peaceful East Parkes setting.

🏡 Property Highlights

  • Six fully furnished, self-contained studio units providing consistent rental income
  • Low vacancy rate indicating strong rental demand and occupancy stability
  • Recently refreshed with new carpet and fresh paint for modern appeal
  • Each unit equipped with reverse cycle air conditioning for year-round comfort
  • Shared laundry facility enhances tenant convenience
  • Prime quiet East Parkes location ideal for tenants seeking tranquility

✨ Key Features

  • Air Conditioning
  • Built-in Robes
  • Open-Plan Living
  • Ensuite
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Pet-Friendly
  • Low-Maintenance Yard

East Parkes offers a peaceful and convenient environment ideal for tenants seeking tranquility. The area features essential amenities, good transport links, and a strong rental market. Its quiet streets and community-focused atmosphere make it a desirable location for both tenants and investors. The local council supports sustainable growth, ensuring long-term stability. With easy access to services and recreational facilities, East Parkes is a prime choice for rental property investment.

What is the current occupancy rate and rental demand for these units?
The complex has maintained an exceptionally low vacancy rate, indicating strong rental demand and reliable occupancy.
Are the units furnished and ready for tenants?
Yes, all units are fully furnished or include furnished bedsets, and have been recently refreshed with new carpet and paint.
What amenities are included for tenants?
Tenants benefit from reverse cycle air conditioning, shared laundry facilities, and low-maintenance living spaces.
Is there potential for rental income growth?
Given the current strong rental demand and consistent income streams, there is potential for rental increases over time.
What is the condition of the property and recent updates?
The units have been recently refreshed with new carpet and fresh paint, presenting a modern and well-maintained appearance.
Are there any upcoming council or development plans that could affect the property's value or rental demand? What are the total annual costs including council rates, strata fees (if applicable), and maintenance? Are there any easements, zoning restrictions, or planning overlays that could impact future development or use? Has the property been inspected for any structural issues or defects? Are there any existing or past issues with pests, drainage, or water ingress? Is the property compliant with all local building and safety regulations? Are there any planned upgrades or repairs needed in the near future? What are the terms of the current lease agreements, and are there any rent review clauses? Is there any history of disputes or complaints from tenants or neighbours? Are there any restrictions or covenants affecting the property's use or modifications?

1-6/13 Orange St, Parkes, NSW, 2870 - More Details

Investment Opportunity - Six Studio Units in One Package

Type
Unit
Bedrooms
6
Bathrooms
6

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