78 Charlotte StreetAshfield NSW 2131
Property Details for 78 Charlotte St, Ashfield
Last Listing description (March 2024)
Currently operating as a 15-room boarding house and earning solid annual return of $214K per annum, this super-sized two-story property offers a rare real estate package.
Occupying a large 537.5sqm block of land, with many retained period details and presents a unique prospect with a big future.
A fully compliant boarding house with four bathrooms and two kitchens with a great-sized back garden and a paved area for entertainment.
Makes a great value- add project with potential to upgrade student accommodation or transform into super family home (STCA).
Walking distance to train station, shops, and schools. Recession proof investment.
Auction to Be held at level 1/46 Burwood Rd, Burwood on Wednesday 25 October at 7.00pm
For further information on this exceptional opportunity, please contact the exclusive selling agent listed below.
Joe Vigorito
Ph: 0414 645 704
Romani Estate Agents
Property Code: 336
Property History for 78 Charlotte St, Ashfield, NSW 2131
- 03 Nov 2023Sold for $2,850,000
- 18 Mar 2023Listed for Sale Negotiation
- 20 Jan 2023Listed for Sale $3,425,000
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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 12,909 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.
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