6 Webbs Avenue, Ashfield NSW 2131

Real value opportunity not to be missed!

Wide 17-metre frontage! Impressive 2-level brick and tile building with 12 rooms, each with kitchenettes, multiple bathrooms, and toilet facilities.
Registered boarding, requiring refurbishment (which will increase your cash flow).
Zoned R3 medium density residential; no heritage, no conservation. Land area: 822 m2. 12.5m height limit.

Passive income: $196k per annum on full leased basis.
Ideal for builders / developers / built-to-rent investors or housing providers / co-living. Excellent connectivity to public transport and amenities.
Located in a tightly held, blue-chip inner west location.

Vendor's instructions: must be sold on the day! Be quick to avoid missing out!