390-394 Liverpool Rd, Ashfield is a 5 bedroom, 2 bathroom Unit. The property has a land size of 620m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
This prominent corner freehold property provides an outstanding opportunity to invest value add occupy at end of lease or develop. Highly exposed on the corner of Liverpool Road and Milton Street at the gateway to the Ashfield Town Centre.
Potential for a multi-tenanted building with a ground floor showroom of 292sqm and an upstairs of 201sqm comprising of a generous 3-bedroom, 2-bathroom residence (or convert to offices).
Car access from Milton Street for off street secure parking and an additional separate 2 level brick building of 216sqm.
Upside for redevelopment in the future with 13m height limit and floor space ratio 1.5 to 1. A rare chance to secure a rare landmark corner.
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 12,929 properties. Over the last 5 years, Houses in Ashfield have seen a 35.03% increase in median value, while Units have seen a 27.59% increase. As at 31 January 2025:
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