Block Of Units Ideal For The Astute Investor

A very rare opportunity coming to the market is this outstanding double brick complex of residential apartments built in the 1960's. Comprising of nine well-scaled units with six two bedroom apartments and three one bedroom apartments, the block is set across 751sqm on one of Ashfield's quieter streets and presents a not-to-be-missed investment opportunity with great cashflow and premier capital growth prospects. With six of the nine units currently leased, the block is superbly located and is within walking distance to schools, shops and Ashfield station.

- Low maintenance site with wide frontage plus street level entry
- Units featuring bright open plan living areas all 9 have balconies
- Scope to add strata or update (STCA) and capitalise on further value
- NBN ready throughout, secure lock-up external laundries for all units
- Wide driveways on both sides of complex, parking spaces for each unit
- Three units currently vacant, six rented out
- Ranging from $380-$435 Per Week for the one bedroom apartments
- Ranging from $420-$500 Per Week for the two bedroom apartments
- Total Council rates pq $3,261.50 | Total Water Rates pq $1,351.98