For sale

E.O.I - MICHAEL CHIDIAC 0430 03 03 03

Unique and rare multi-use layout Investment and development dream

This unique property is supremely located and has truly distinct features that make its prospective uses endless. Suitable for multi-use across many different commercial and residential purposes, share accommodation or hostel-like living, and with unparalleled investment and development potential, it currently presents as a two level, split access property with numerous access points.

Two separate front door entrances take different paths inside the property, one following a staircase directly to the second floor, perfect for private use, and the other leading at level into the first floor, ideal for commercial patron or guest use. With a hidden trap door linking these two separate spaces, they can easily be connected or remain separate at your will.

From the back of the building, the property is privately accessible from now through alleyway David Place (off Murrell Street), with direct rear access, secure gating and three cars drive way. With ample backyard space waiting to be transformed, this property includes a huge total of seven rooms and five toilets – with downstairs housing four rooms, three separate toilet areas, and a commercial grade kitchen, including fully functional cool room. Upstairs includes three separate rooms, all with built in wardrobe space, two bathrooms, and one shared laundry space.

Thoughtfully constructed with reinforced double brick all around and thick concrete slabbing beneath its flooring, this property is solidly soundproof on both levels and at a prime location, 300 metres from both Ashfield train station, Ashfield mall and with immediate doorstep access to local buses on Liverpool Road.

Take advantage of this property’s exceptionally rare features:

-Seven rooms (four downstairs, three upstairs), one shared laundry

-Five toilets (three downstairs, two upstairs, including two adjoined en-suites)

-Multiple entry points, separate dual front door access which can be linked, private rear access point from David Place alley

-Three car driveway and secure gating

-Commercial grade kitchen and cool room

-Soundproof structure

-300 metre walk to Ashfield train station and Ashfield mall

-Dining, cafes, shopping and recreation facilities at your doorstep, including two local gyms, schools, and Ashfield Wests club

Secure a time to inspect it by contacting Michael Chidiac on 0430 03 03 03 or 9764 4777


Property Info:

  • Property ID: 21197595
  • Property Type:

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Number of sales 76
Average Price $1,796,461
Median Price $1,530,000
Median Rental Price $690 p.w.
Change in Rental Rate (5yr) 15 %
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Number of sales 206
Average Price $687,038
Median Price $669,500
Median Rental Price $490 p.w.
Change in Rental Rate (5yr) 9 %
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