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2 Cherrywood Close

Orange, NSW 2800, Australia
$2.50m
4 bed 2 bath 2 car

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Area Price Guide
$2.35m$2.65m

Indicative price guide range

🏘️
70
Comparable
📊
$779,990
Area median
⚖️
+221%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

Rarely does an opportunity like this present itself. A beautifully appointed four-bedroom, two-bathroom home at 2 Cherrywood Close, Orange, complete with approved Development Application plans, ready for subdivision. This is your chance to secure a property that offers immediate comfortable living while positioning you perfectly for future capital growth and development. Whether you're an astute investor looking to maximize returns, a developer seeking your next project, or a homeowner wanting options for the future, the hard work has been done with DA plans in place, streamlining your path to subdivision approval and maximizing the value of this generous block. The subdivision opportunity allows you to unlock significant value retain the existing quality home while developing the additional lots, or pursue your own vision for the site. With plans already before council, you're bypassing months of design work and consultation, fast-tracking your ability to capitalize on Orange's strong property market and growing demand for quality housing. Property Features: - Four spacious bedrooms with built-in wardrobes, master with ensuite - Main bathroom with bathtub, separate toilet, plus additional third toilet - Sauna for luxury relaxation - Modern kitchen with stone benchtops, double sink, and walk-in pantry - Westinghouse wall-mounted oven/grill and four-burner electric cooktop - Living area off kitchen that can be closed off for privacy - Plenty of storage throughout - Spacious laundry with access to mudroom/sunroom - Covered patio/sunroom leading to outdoor entertaining - Vinal tile flooring in living areas, carpet in bedrooms - Daikin reverse cycle air conditioning in kitchen/dining area - Skope 3500 heating in hallway and bedrooms - Fully insulated ceiling and underfloor - 2.5kW solar system with 10 panels (2.8kW inverter) - Solar hot water with Sunshower system (315L tank) - Double garage with internal access plus large garden shed (space for 3 cars) - Front and side garden beds, chicken pen, clothesline - Front porch and established outdoor spaces The Subdivision Advantage: With already approved DA plans, the groundwork for future development has been completed, offering you a clear pathway to capitalise on this property's full potential. This rare opportunity puts you ahead of the curve move in, rent out, or begin the subdivision process immediately to create ten valuable lots in this desirable Orange location. DISCLAIMER All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.

Property Features

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    Repayment calculator

    $12,120/month
    $6,060 /fortnight
    Loan $2,000,000 at 6.10% over 30 years

    Upfront costs

    Deposit$500,000
    Stamp duty$117,724
    Conveyancing (est.)$2,000
    Total upfront$619,724
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    4
    Bathrooms
    2
    Parking
    2
    Listed
    2 months ago

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