An exceptional opportunity for renovators, builders, DIY enthusiasts, families and investors, this unique property offers two self-contained dwellings on one title, positioned on approximately 304sqm with a desirable north-facing backyard and valuable rear lane access.
The original front residence presents the perfect blank canvas to renovate, restore or transform, while the well-appointed rear granny flat provides the rare convenience of living comfortably on-site throughout the journey. This practical setup eliminates the need for temporary accommodation, making your project more convenient, flexible and cost-effective.
Whether you're looking to create your dream home, undertake your next project, or unlock future value in one of the Inner West's most sought-after locations, this versatile offering provides flexibility rarely found in Ashfield.
Front Residence
Original two-bedroom home featuring highly ornate pressed-metal ceilings
Additional multipurpose room ideal as a home office or nursery
Excellent opportunity to renovate, modernise and add significant value (STCA)
North-facing backyard providing excellent potential for future improvements
Vacant and ready for immediate works
Rear Granny Flat
Self-contained accommodation featuring one bedroom with ensuite, plus a versatile second room ideal as a home office, guest room or additional living space
Functional kitchen featuring gas cooking and an under-bench oven
Separate rear lane access
secure single car space behind sliding gate, access via rear lane
Vacant and ready to occupy immediately while renovating the front home
Future Income Potential
The property has demonstrated strong rental demand, having previously achieved:
Front residence $530per week
Rear granny flat $590 per week
Combined potential rental income: Approximately $1,120 per week
Location Highlights
Directly opposite Pratten Park
Approximately 500m to Ashfield Mall featuring Coles, Woolworths, Aldi, Kmart plus cafes, bakeries and wide range of stores.
Approximately 800m to Ashfield Station
Approximately 750m to Ashfield Public School
Approximately 800m to Ashfield Boys High School
Easy access to Sydney CBD and Ashfield's vibrant town centre
Whether you're looking for a family home with additional accommodation, a renovation project with genuine upside, or an investment opportunity in a tightly held Inner West location, 53 Arthur Street, Ashfield presents an exciting opportunity to unlock its full potential.
Disclaimer:
All information in this advertisement is presented to Element Realty Group from reliable sources. Element Realty Group do not guarantee its accuracy and assumes no liability for errors or omissions. Descriptions, dimensions, and details are for informational purposes only and may not be complete or accurate; buyers should rely on their own inspections and investigations. Images, artist impressions, and floor plans are illustrative and may differ from the actual property.
