SOLD
Sold on 20 Oct 2023 for $1,805,000

22-22A Hercules Street
Ashfield NSW 2131

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 139m2
Save

Property Details for 22-22a Hercules St, Ashfield

Building Type
Commercial
Land Size
139m2
Local Government
Inner West
Lot/Plan
1/DP80691

Last Listing description (December 2023)

Ray White Ashfield is thrilled to present 22 Hercules Street Ashfield for Auction.

Located on a high-profile corner in the heart of Ashfield, presenting a dual-purpose investment opportunity of remarkable appeal. The ground level introduces an elegant shop front, poised to capitalise on the dynamic Hercules Street footfall, thereby setting the stage for a thriving commercial venture and 3 bedroom apartment upstairs.

Situated in close proximity to Ashfield Train Station, Ashfield shopping centre,buses, eateries and multiple developments. This property presents a golden opportunity for the astute investor.

KEY FEATURES:
Retail area of 180sqm approx
2 car spaces out the back
Gross income of $90,000 per annum approx
New gross rent 2024 $103,000 per annum approx
Both leased to great tenants
Add value potential
Zoned E2 - Commercial/Business/Retail/Shop Top Housing
Significant exposure and high pedestrian flow

Approx Outgoings:
Council $4950 PA
Water: $1516 PA

For more information, please contact the exclusive selling agent:

Andrew Simpson
0456 550 025

Michael Simpson
0456 550 203

While care has been taken in the preparation of these particulars, no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.

Property History for 22-22a Hercules St, Ashfield, NSW 2131

A timeline of how this property has performed in the market
Last Sold
$1,805,000
20 Oct 2023
Listed for Rent
$28/w
13 Aug 2018
  • 20 Oct 2023
    Sold for $1,805,000
  • 18 Sep 2023
    Listed for Sale For Sale
  • 18 Aug 2023
    Listed for Sale Auction - Unless sold prior to auction
Sign in to see more transactions

Commute Calculator

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 12,909 properties. Over the last 5 years, Houses in Ashfield have seen a 48.94% increase in median value, while Units have seen a 31.51% increase. As at 30 September 2024:

  • The median value for Houses in Ashfield is $2,153,077 while the median value for Units is $856,876.
  • Houses have a median rent of $720 while Units have a median rent of $620.
There are currently 69 properties listed for sale, and 82 properties listed for rent in Ashfield on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Ashfield.

Suburb Insights for Ashfield 2131

Market Insights
Ashfield Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Ashfield Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.