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Back 1-4/38 Ashmont Avenue
Off Market

1-4/38 Ashmont Avenue

Ashmont NSW 2650

8
4
4
0 m²
960 m²
Block of units
Last sold for $1,020,000
Mark MacarthurMark Macarthur, last sold this property on 03 July 2025 after 115 days on market.

Overview

4-Unit Complex – A Prime Investment Opportunity!

Secure a fantastic investment with this solid brick, four-unit complex. With two units on the ground floor and two on the upper level, each 2-bedroom unit is neat, low-maintenance, and currently tenanted - offering excellent returns and future growth potential. - Each unit features two well-sized bedrooms and a functional bathroom, offering comfortable living spaces suitable for tenants seeking affordability and convenience. - The open-plan layout seamlessly integrates the kitchen and living area, creating an inviting environment for everyday living. - Each unit comes with a dedicated carport located at the rear, providing secure off-street parking. - Current Total Weekly Rent: $1,300 ($67,600 per annum) - Minimal Outgoings including council rates, water availability, insurance, and lawn care - Net Annual Return: Approx. $55,844.57 - Long Leases in Place (expiring 2025–2026), providing consistent rental income - Potential for rent growth and gross yield approaching 7% Situated in a convenient location close to amenities, schools, and transport, this complex offers solid growth potential and a worry-free addition to any portfolio. Council Rates: $6,958 per annum Disclaimer: In preparing this advertisement, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility or liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should rely on their own enquiries to verify the information contained in this advertisement.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
0 m² floor area
960 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Ashmont over the last 12 months.

Property history for 1-4/38 Ashmont Avenue

2025
Sold
$1,020,000
03 Jul 2025 by Mark Macarthur, of Macarthur Real Estate

Happy sellers in Ashmont

98%
98% of sellers in Ashmont reported that their sale price either exceeded or met their price expectations.

Ashmont stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Ashmont over the last 12 months.

Local market activity for 8 bedroom block of units in Ashmont

In the last 12 months, 1 eight-bedroom block of units similar to 1-4/38 Ashmont Avenue, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ashmont

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Harry Mangelsdorf

Sellers who recommend Harry Mangelsdorf have praised them for being clear communication, local expert, friendly, well-prepared, easy to work with, stress-free process and pleasant

  •   5   (105 reviews)
  •  4 Reviews in Ashmont
  •  4 Sales in Ashmont
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Happy Singh

Happy Singh is an award winning recommended agent for Ashmont.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   5   (105 reviews)
  •  3 Reviews in Ashmont
  •  2 Sales in Ashmont
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Jacinta Kelly

Sellers who recommend Jacinta Kelly have praised them for being clear communication, local expert, responsive, well-prepared, friendly, supportive and trustworthy

  •   5   (67 reviews)
  •  2 Reviews in Ashmont
  •  2 Sales in Ashmont
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Amy Dobson

Amy Dobson is a recommended agent for Ashmont.  They have 4 local sales and collected 1 local review across the last 12 months.

  •   5   (2 reviews)
  •  1 Review in Ashmont
  •  4 Sales in Ashmont
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