Sold

1-10/49 Orpington Street,
Ashfield 2131, New South Wales

16 bedrooms
10 bathrooms
10 car spaces
Block of Units

$7,050,000


Property details

Another Block Sold by Sydney's Apartment Block Specialists

Set on a generous 904sqm of level land, this is an outstanding opportunity to secure a whole apartment block in one of the Inner West's most connected and fast-growing locations. The property comprises 10 apartments, 6 x 2-bedroom and 4 x 1-bedroom. All featuring parking, internal laundries, and some with balconies. Well-maintained and fully tenanted, the building offers a solid income stream with potential to add further value. Located just 566 metres to Ashfield Mall and Ashfield Train Station, and only moments to Ashfield Park, the property offers superb lifestyle convenience for tenants and future residents alike. Importantly, the site benefits from recent LMR planning control changes and recent 'Fairer Future for the Inner West' proposal, presenting exciting development upside (STCA) in a precinct undergoing strong urban renewal.

• Entire block of 10 apartments on 904sqm
• 6 x 2-bedroom and 4 x 1-bedroom units
• All with parking, internal laundries, some with balconies
• Prime location: 566m to Ashfield Mall & Train Station
• Moments to Ashfield Park, cafes, schools & amenities
• Strong rental return with scope to increase
• Development potential (STCA) under LMR zoning changes and recent 'Fairer Future for the Inner West' proposal
• Potential to strata and sell down (STCA)
• Currently returning $293,026 per annum

Ray White Double Bay - Exceptional Living Begins Here
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