OFF MARKET

18 King Street
Ashfield NSW 2131

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Floor area: 77m2
Land area: 714m2
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Property Details for 18 King St, Ashfield

18 King St, Ashfield is a 12 bedroom, 6 bathroom House with 6 parking spaces and was built in 1966. The property has a land size of 714m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1966
Floor Size
77m2
Land Size
714m2
Local Government
Inner West
Lot/Plan
7/DP263

Last Listing description (July 2022)

CONTACT AGENT

This block of 6 x 2 bedroom apartments well maintained throughout, is situated in a lovely quiet tree lined location and is conveniently close to Ashfield Mall, shops, transport, cafes and restaurants.
All are fully leased and returning approx. $132,000 per year.

This is a blue chip investment, ideal for investors and has the potential to converted to strata (subject to council approval).

- Entire block of 6 x 2 bedroom apartments in one line
- All with balconies and internal laundries
- 3 lock up garage and 3 carspaces
- All fully leased returning approx. $132,000 pa
- Spacious kitchen, dining area and some with polished timber floors,
- Generous 714sqm land size (approx.)
- Potential to strata (STCA)
- Ideal for investor

Council Rates: $1,658 per quarter approx.
Water Rates: $1,455 per quarter approx.
Insurance: $1255 per annum
Land Tax: $26,000 per annum

Details:
Tony Graniero: Mobile 0413 765 176 Email tony.g@creativepropertyagents.com.au
Beatrix Chung: Mobile 0411 826 080 Email: beatrix.c@creativepropertyagents.com.au

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Property History for 18 King St, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Last Sold
$3,830,000
23 Jun 2022
Listed for Rent
$450/w
11 Jan 2014
  • 23 Jun 2022
    Sold for $3,830,000
  • 27 Apr 2022
    Listed for Sale $3,890,000
  • 27 Apr 2021
    Sold
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About Ashfield 2131

The size of Ashfield is approximately 3.4 square kilometres. It has 24 parks covering nearly 7.2% of total area. The population of Ashfield in 2011 was 22,190 people. By 2016 the population was 23,848 showing a population growth of 7.5% in the area during that time. The predominant age group in Ashfield is 20-29 years. Households in Ashfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashfield work in a professional occupation. In 2011, 50.5% of the homes in Ashfield were owner-occupied compared with 43.8% in 2016.

Ashfield has 12,960 properties. Over the last 5 years, Houses in Ashfield have seen a 58.56% increase in median value, while Units have seen a 32.11% increase. As at 31 July 2024:

  • The median value for Houses in Ashfield is $2,162,255 while the median value for Units is $844,842.
  • Houses have a median rent of $790 while Units have a median rent of $600.
There are currently 75 properties listed for sale, and 83 properties listed for rent in Ashfield on OnTheHouse. According to CoreLogic's data, 493 properties were sold in the past 12 months in Ashfield.

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