Fully Leased Unit Block Investment in Ashfield

Details

I.B Property, in conjunction with Ray White are pleased to present 60 Bland Street, Ashfield. Located in Sydney’s Inner West main residential precinct, 60 Bland Street, Ashfield is an exceptional residential unit block investment opportunity with favourable rental income.

Comprising of 9 x 2 bedroom units, each unit features an internal laundry, 2 separate balconies, a well proportioned floorplan and car spaces.

Perfectly positioned in a highly sought-after location, the property benefits from this well-equipped neighbourhood, only a short walk from Ashfield train station and Ashfield Mall with numerous eateries, shops and amenities.

Key Highlights
– Fully leased with a gross income of $196,352 per annum, this unit block offers a solid income stream for investors
– Favourable double brick unit block with 9 x 2 bedroom units, each with two fully sized balconies, internal laundry and well-proportioned floor plan.
– 3 carports and 6 on-site car spaces available.
– Set on a rectangular site, the property is spanned across a large land area of 892sqm*.
– Further value add opportunity available through renovation for rental reversion. Estimated rental return after renovations $276,120pa.
-Ideally located in Sydney Inner West’s residential hub, only a short walking distance to Ashfield train station, Ashfield Mall and parks.

On-site public auction at 60 Bland Street Ashfield at 12.30pm on Saturday 4th December. Online bidding available via AuctionWorks.

For more information, access to the DD room or organise a private inspection, please contact the exclusive selling agents.