122A Milton Street, Ashfield NSW 2131

Zoned residential with existing use rights. Perfect for the astute developer and/or families looking to create their ideal home. Also potential to continue existing use rights as a Spray Paint workshop (STCA).Currently the property has a workshop, undercover area, mezzanine office and open yard. Located approximately 8km (less than 15 minutes) from Sydney’s CBD, this prominent location is surrounded by a high disposable income demographic and sits within a short distance of Ashfield’s retail precinct and train station.Property Features: * Zoned residential R2 – low density* Frontage: 11.6 meters* FSR of 0.7:1* Building height permissible 8 meters-8.9 meters* Perfect for family home* Potential to reinstate existing use rights or submit a new application (STCA)Outgoings:* Council Rates - $800.00 per quart* Water Rates - $199.20 per quart* Electricity - $239.18 per quart* Insurance - $2,883 per year