Investment Overview:
The Security Property is located in Orange NSW 2800, 255km west of Sydney CBD. With a population in excess of 40,000 Orange is within the Local Government Authority of the City of Orange ("LGA").
The security property is now subject to two (2) Development Consents. The first DA197/2023(1) which is approved for the subdivision of 61 Shiralee Road into two (2) residential lots being proposed Lots 791 and 792. The proposed site area for proposed Lot 791 (the subject security property) is approximately 1.215Ha (3.037 acres), which is approved for twenty-two (22) residential lots under Development Consent DA220/2023(1), with a lapse date of 14 February 2029.
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