28 French Street

Ashfield WA 6054

"If you're thinking about buying an investment property in Ashfield, consider that rental yields for houses are currently 4.82% with an average median rent of $610 weekly. Houses have seen 16.44% growth in the past quarter, and 19.09% growth in the past 12 months.?

This 670m2 parcel of land with fibro home built in 1950 -requiring renovation to restore to former self prior to any occupation- would be a wise decision for an investor to renovate.

To then take advantage of the ever-increasing demand in the rental market with increasing rental incomes by leasing for instant return.

Thereafter, hold until ready to construct your dream home later. Alternatively, with this rapid growth potential in this suburb with price rises consider on-selling to builder/developer.

Opportunity for developer/builder take advantage of the rapid rises in house prices in this location by constructing two dwellings.

Neat and tidy 3 bedroom old style home with huge rear yard - home itself requires repairs, speak to
Wayde for further information. Buy home "AS IS".

Details about the house:-
- Floorboards throughout
- Separate laundry
- Reverse cycle air-conditioner in lounge area
- Fireplace (for display only)
- Massive front and rear yard
- Gas stove & electric oven
- 700 sqm block - back yard fenced at rear
- Parking in driveway (no carport or garage)
- Disclosure re: possible asbestos in roof cavity

Currently tenanted - tenant is vacating.

Contact Wayde for more information.