1/13 Wewak St, Ashmont is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 907m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Outstanding and extremely rare opportunity to acquire a solid, set of brick units with an excellent occupancy rate. Or perhaps just purchase one for the portfolio.
3 x 2 Bedroom units all currently occupied, excellent tenants that treat and respect the properties as their own. Current rental return of $610 per week (approx. $31,7200 pa) combined with scope for improvement upon further renovation or modernisation that could be done as leases expire or tenants move on in the future.
Each property has own carport, laundry, clothes line area, security mesh on rear windows. The complex has established gardens and a lovely lawn area.
Well located in a quiet residential area, close to shops and transport sure to guarantee continuous tenancy. All have been strata titled and can be split and sold individually for $189,000 per unit or as one with extremely low strata fees.
The size of Ashmont is approximately 2.4 square kilometres. It has 9 parks covering nearly 13.5% of total area. The population of Ashmont in 2011 was 4,024 people. By 2016 the population was 3,830 showing a population decline of 4.8% in the area during that time. The predominant age group in Ashmont is 0-9 years. Households in Ashmont are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Ashmont work in a labourer occupation. In 2011, 48.9% of the homes in Ashmont were owner-occupied compared with 46.2% in 2016.
Ashmont has 1,928 properties. Over the last 5 years, Houses in Ashmont have seen a 75.56% increase in median value, while Units have seen a 72.45% increase. As at 31 October 2024:
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