Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Search Visibility Bands show where Quiet Listings has observed a property appearing within price-filtered property searches during its marketing campaign.
The lower end of the band is based on observed search visibility. Quiet Listings then applies an algorithmic buffer based on the confidence and quality of the available search data.
Search Visibility Bands are independently generated by Quiet Listings from observed search data. They are not supplied by the seller or listing agent and are not an asking price, agent price guide, property valuation, auction reserve, seller expectation or indication of a price the seller will accept.
Buyers should contact the listing agent for official pricing information.
Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
This substantial two-level brick and tile property is an exceptional investment opportunity located at 6 Webbs Avenue, Ashfield. The building's generous 822 sqm land parcel provides an excellent foundation for multiple uses or refurbishment to enhance future returns.
Currently configured as budget accommodation, it offers 12 separate rooms each equipped with kitchenettes, alongside 3 bathrooms and various toilet facilities. This layout creates a self-contained environment ideal for student housing or professionals seeking affordable, independent living spaces.
Practicality and potential are central to this offering. The wide 17-meter frontage and zoning under R3 Medium Density Residential provide noteworthy flexibility for future development or extensions. The property benefits from a 12.5-meter height limit and a floor space ratio of 0.7:1, allowing for thoughtful expansion while retaining a strong income stream.
Located within walking distance of shops and public transport, the property suits investors targeting reliable rental demand in a strong letting market. The holding delivers approximately $196,000 gross income per annum on a fully leased basis, underscoring its recession-resistant appeal.
Parking is also ample with six carports accommodating residents or guests, adding to the property's functional assets. This versatile asset holds considerable appeal for investors seeking steady cash flow with scope to enhance value through refurbishment or redevelopment options within an emerging medium-density zone.
In Ashfield, Quiet Listings observed 9 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $2,361,111. The property type mix of listed properties is predominantly Houses at 64%, followed by apartments (29%), and townhouses (7%). The most active agency for houses in the Ashfield area is currently Raine & Horne, representing 22% of new listings, followed by Ray White with 22%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
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