6 Webbs Avenue, Ashfield

AUCTION

6

Investment With Upside

 

Substantial 2 level brick and tile building comprising of 12 rooms each with kitchenettes, 3 bathrooms and multiple toilet facilities. Operating as budget accommodation. Ideal student accommodation, potential to be refurbished, extend and improve your cash flow. Walking distance to shops, public transport.

- Recession proof investment. 
- Multiple income stream
- 17m wide frontage
- Zoned R3 Medium Density Residential 
- Generous 822sqm parcel 
- Passing income $196,000.00 approx p.a on fully lease basis
- Strong letting area
- No heritage or conservation area
- 12.5m Height Limit - FSR 0.7:1

 

6

Details

Address 6 Webbs Avenue, Ashfield
Price AUCTION
Property Type Commercial
Property ID 514
Commercial Listing Type Sale
Category Hotel/Leisure
Total Area 822m2

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