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29 Ashmont Ave

Ashmont NSW 2650

4
3
2
916.8 m²
House
Currently for sale - view listing

Overview

Two Homes, One Great Investment Opportunity

Set on approximately 916.8m², 29 Ashmont Avenue offers a dual-occupancy setup comprising a three-bedroom main residence and a separate one-bedroom unit at the rear. Both residences are currently tenanted and returning a combined rental income of $940 per week, representing an approximate gross rental yield of 5.6% at a purchase price of $869,900. Main Dwelling Refurbished during 20242025, the main residence is currently returning $540 per week. It features three well-sized bedrooms, with built-in wardrobes to two and ceiling fans in two. Floating floorboards run throughout the home, while separate living and dining areas provide practical spaces for everyday living. The kitchen is equipped with an electric cooktop, wall oven and dishwasher. The home includes two bathrooms, each with a toilet, providing added convenience for the occupants. Reverse-cycle split-system air conditioning is installed in the main living area and two bedrooms, helping keep the home comfortable throughout the year. A versatile sunroom provides valuable additional space, while an externally accessed storage room offers a practical area for household items, tools or equipment. Unit Positioned separately at the rear, the one-bedroom unit was refurbished in 2021 and is currently returning $400 per week. The unit features an open-plan kitchen and living area with reverse-cycle split-system air conditioning. The kitchen includes electric cooking, a stainless-steel wall oven and dishwasher, ample bench and cupboard space, and practical open shelving. The bedroom is complete with a built-in wardrobe and ceiling fan. The bathroom features a glass-screened shower, marble-look wall tiles, vanity storage and a toilet. Both residences enjoy their own separate yard areas, helping provide privacy and independence for the occupants. Established and irrigated gardens make ongoing maintenance more manageable. The residences also have separate parking arrangements. The main residence uses the dedicated concrete parking area, while the carport provides access through to a single parking space at the rear for the unit's occupant. Property features: - Dual occupancy - Three-bedroom main residence returning $540 per week, leased until 29/10/2027 - One-bedroom rear unit returning $400 per week, leased until 20/05/2027 - Combined current rental income of $940 per week - Approximate gross rental yield of 5.6% at a purchase price of $869,900 - Both residences currently tenanted - Main residence refurbished during 20242025 - Rear unit refurbished in 2021 - Separate yard areas for each residence - Established gardens - Dedicated concrete parking for the main residence - One rear parking space for the unit, accessed through the carport - Approximately 916.8m² of land Located close to Ashmont Public School, local shops, parks and public transport, the property also provides convenient access to the Wagga Wagga CBD, Marketplace and Base Hospital.

Features

4 bedrooms
3 bathrooms
2 carspaces
916.8 m² lot size
House

Property history for 29 Ashmont Ave

2019
Sold
Undisclosed
Private Sale/Treaty on 08 Oct 2019 by Melissa Kuiper, of PRD Wagga
2013
Sold
$160,000
Private Sale/Treaty on 20 Mar 2013

Happy sellers in Ashmont

100%
100% 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 4 bedroom houses in Ashmont

In the last 12 months, 10 four-bedroom houses similar to 29 Ashmont Ave, have been sold.

This represents a 48% increase in four-bedroom houses sales when compared to the previous 12 months.

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