245 Lords PlaceOrange NSW 2800
Property Details for 245 Lords Pl, Orange
Last Listing description (July 2022)
Don't miss out on this rare business opportunity offering an approved DA for a 105-room establishment, and a new bar, restaurant and conference area. The motel currently comprises 45 well-maintained rooms, a restaurant and retail shops and receives $312,576 in annual rent. There is a 22-year lease in place.
This will be a highly sought-after property due to its size, location and future potential. Call for additional information.
- Current lease of 22-years in place
- Restaurant onsite for seating of 80 people
- Retail outlet tenanted at front of site
- Annual rent of $312,576p.a.
- Passive investment in a prime location in the centre of Orange's CBD
- Approved DA for 105 units plus bar and function centre
- Property inspections are by appointment only
Expressions of Interest closing date 24th June 2022
Property History for 245 Lords Pl, Orange, NSW 2800
- 17 Mar 2023Sold for $6,000,000
- 23 May 2022Listed for Sale Expressions of Interest
- 09 May 2003Sold for $2,200,000
Recent sales nearby
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0About Orange 2800
The size of Orange is approximately 150.6 square kilometres. It has 98 parks covering nearly 4.0% of total area. The population of Orange in 2016 was 38097 people. By 2021 the population was 41232 showing a population growth of 8.2% in the area during that time. The predominant age group in Orange is 0-9 years. Households in Orange are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orange work in a professional occupation.In 2021, 63.20% of the homes in Orange were owner-occupied compared with 61.80% in 2016.
Orange has 22,685 properties. Over the last 5 years, Houses in Orange have seen a 57.57% increase in median value, while Units have seen a 67.67% increase. As at 31 December 2025:
- The median value for Houses in Orange is $703,255 while the median value for Units is $494,079.
- Houses have a median rent of $560 while Units have a median rent of $458.
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