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Three-bedroom townhouses in new Orange development start at $1.85 million
August 11, 2022
By Peter Holmes
The row of townhouses in the new development on Prince Street are described as "luxurious", with front and rear lane access, twin garages and "views of the stunning surroundings".
The yet-to-be-built townhouses were put on the market this week on behalf of the Dubbo-based developers Maas Group with a starting price of $1.85 million.
The sales spiel appears directed at those from over the mountain. "Leave the chaos of a big city behind whilst still enjoying all the conveniences of extensive local amenities, from hospitality and retail, to schooling and medical.
"Orange is ideally located just a 4-hour drive from Sydney. And with easy access to the Blue Mountains, Dubbo, and an endless list of charming country towns to discover, a sense of adventure and optimism reigns!"
There were no details about fixtures and finishes, although computer generated images showed floor to ceiling windows in one of the townhouses.
The starting price for a three-bedroom apartment at 103 Prince Street is $1.1 million.
One-bedroom apartments start at $485,000, and two-bedroom apartments at $750,000.
It is a challenging time to be selling off-the-plan accommodation, with interest rates, inflation and building costs all on the rise.
The Orange News Examiner reported this week on a luxury five-bedroom house backing onto a lake that was formerly a quarry, with heated pool and home theatre, that sold for the same price as the entry-level townhouses at 103 Prince Street - $1.85 million.
The development at 103 Prince Street includes 17 two-storey townhouses, a five-storey apartment building containing 63 apartments, basement parking for 138 cars and a public park between the two buildings.
Orange City Council will “take responsibility” for a new park between the townhouses and apartments on the site.
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A raft of documents, including artist’s impressions of the proposed development, building materials to be used, how the buildings cast shadows, and landscaping of the public park area, was on exhibition for public comment until last month.
The park area would have bench seats, steel and wire mesh to carry vines, “mass planting” with a large feature tree and cobblestone paving to form a maze path.
There would also be sandstone log retaining walls to accommodate a slope down into a sunken garden, and sandstone log seats to “provide informal seating and play opportunities”.
“As part of the project, a proposed planning agreement will see Orange City Council take ownership of the park area once it has been established,” stated council.
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The design of the outdoor area followed a survey of parks within a 1km radius of the site.
“It was decided that the open space for the development was to reflect the other, more traditional parks that occur within Central Orange (i.e. Cook Park and Robertson Park),” the development proposal stated.
“This was done by determining what key elements are contained within these parks … and reinterpret them in a modern way. The aim of this approach is to reflect the values of today (e.g. a more relaxed approach to living but a desire for greater sophistication) and create a contemporary park, but one that is complementary to the others.”
The inclusion of large, deciduous trees “will generally add to the preferred landscape character of Orange”, it stated.
There is currently is a 16-metre height limit over part of the site.
“The proposal seeks permission to increase this limit to 20.25 metres over part of the apartment building,” council has stated previously.
The Orange News Examiner revealed on June 7 that a display apartment for the project would open on Summer Street next to the Commonwealth Bank.
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