25 Cecil Street, Ashfield
Entire Block of Nine Apartments in Prime Location
This is an outstanding opportunity to secure an entire block of apartments in a prime lifestyle location and with a magnificent north-east aspect. With nine apartments, set over three levels, each features two bedrooms, polished parquetry floors and combined living/dining areas bathed in natural light. All are renovated and currently tenanted.
There's amazing capital growth potential here, with the block situated on a quiet, tree-lined street and with off-street parking for each apartment. There is still scope for future improvements too, to add value and make the most of this in-demand location. This convenient block is situated only footsteps from beautiful Ashfield Park and is close to easy transport, with Ashfield Station just 800m away. The bustling shops, cafes and restaurants of Ashfield village are only minutes from the door and local schools are within easy reach.
- Complete 9 x 2 complex set over 923sqm, fully let
- All apartments have magnificent north-east aspect
- Generous layout includes bright open living + balcony
- Most renovated with modern kitchen and bathrooms
- Two large bedrooms, main with built-ins + storage
- Internal laundry, linen closet and separate WC
- 5 x garages, 3 x car port + 1 x car space
- A short walk to Ashfield train station, Mall and Ashfield Park
- Opportunity to add further value
- Rental income of circa $245,00 per annum approximately
Land size: 923sqm approx.
Water rates: $8,063 per annum, approx.
Council rates: $9,236 per annum, approx.
- Garage spaces: 9