6 Webbs Avenue

Ashfield NSW 2131

822 m²

House

Currently for sale - view listing

Overview

Investment With Upside

Substantial 2 level brick and tile building comprising of 12 rooms each with kitchenettes, 3 bathrooms and multiple toilet facilities. Operating as budget accommodation. Ideal student accommodation, potential to be refurbished, extend and improve your cash flow. Walking distance to shops, public transport. - Recession proof investment. - Multiple income stream - 17m wide frontage - Zoned R3 Medium Density Residential - Generous 822sqm parcel - Passing income $196,000.00 approx p.a on fully lease basis - Strong letting area - No heritage or conservation area - 12.5m Height Limit - FSR 0.7:1 Property Code: 516