24 Elizabeth Street, Ashfield

Presenting a multi-dwelling investment opportunity with aspirations of increased future reward, this unique property comprises three units under one land title, conveniently located a short walk to Ashfield Station, Ashfield Mall, and a choice of schools, including St Vincent's College.

Currently leased to three tenants collecting a combined rental return of $1250 per week, your additional investment can undoubtedly increase the potential weekly income with favourable financial results. Alternatively, the option to rebuild a contemporary project, capitalising on the site's generous 605sqm (approx) of land, wide 17.46m (approx) frontage and R2 zoning for low-density development, creates excellent appeal for astute investors.

As it stands, this opportunity presents two single-bedroom units and one two-bedroom, two-bathroom unit, each featuring a living/dining area, a kitchen, and individual internal laundry facilities. At the rear, the neatly presented shared garden has a covered alfresco area accessed by Unit 2, and parking available to all.

Within walking distance to vibrant community amenities, such as Ashfield Park, Ashfield Aquatic Centre, and Ashfield Library, lifestyle convenience is superb, with shops, cafes, eateries, and clubs at your fingertips.

2 x one-bedroom units, and 1 x 2-bedroom, 2-bathroom unitCombined rental return currently $1250/weekEach featuring a living/dining area and a kitchenInternal laundry provision within each unitShared rear garden, with alfresco available to Unit 2On-site parking at the rearSet on 605sqm (approx) with a 17.45m (approx) frontageR2 zoning creates an option to rebuild a modern developmentAn astute investment with promising potential for growthWalk to transport, shops, eateries and parksLand size: 605.8 sqm approx.