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1-4/38 Ashmont Avenue ASHMONT, NSW 2650

Bed Icon8 Bedrooms
Bath Icon4 Bathrooms
Car Icon4 Parking
Block size:960
Bed Icon8 Bedrooms
Bath Icon4 Bathrooms
Car Icon4 Parking

4-Unit Complex A Prime Investment Opportunity!

Secure a fantastic investment with this solid brick, four-unit complex. With two units on the ground floor and two on the upper level, each 2-bedroom unit is neat, low-maintenance, and currently tenanted - offering excellent returns and future growth potential.

- Each unit features two well-sized bedrooms and a functional bathroom, offering comfortable living spaces suitable for tenants seeking affordability and convenience.
- The open-plan layout seamlessly integrates the kitchen and living area, creating an inviting environment for everyday living.
- Each unit comes with a dedicated carport located at the rear, providing secure off-street parking.
- Current Total Weekly Rent: $1,300 ($67,600 per annum)
- Minimal Outgoings including council rates, water availability, insurance, and lawn care
- Net Annual Return: Approx. $55,844.57
- Long Leases in Place (expiring 2025–2026), providing consistent rental income

Situated in a convenient location close to amenities, schools, and transport, this complex offers solid growth potential and a worry-free addition to any portfolio.

Council Rates: $6,958 per annum

*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Inspections

Information about this Block of Units

  • Listed on
  • Last updated
  • Property typeBlock of Units
  • Block size960m² (approx)
  • Bedrooms8
  • Bathrooms4
  • Parking spaces4
  • Stamp duty$45,802
* Figures quoted above are approximate values based on available information.

Local Neighbourhood

1-4/38 Ashmont Avenue ASHMONT, NSW 2650 has 28 schools within 5 kilometres, with the closest being Holy Trinity West Wagga.

DistanceSchoolAddress
0.24 kmHoly Trinity West Wagga13 Bardia Street, Ashmont 2650Pin Icon
0.38 kmAshmont Public SchoolBardia St, Wagga Wagga 2650Pin Icon
0.90 kmShepherds Park School129 Fernleigh Rd, Wagga Wagga 2650Pin Icon

About Ashmont

1-4/38 Ashmont Avenue is located within the suburb of Ashmont, which has a population of 3,828, a median age of 33 and an average household density of 2.4 people.

  • 3828Population
  • 33Median Age
  • 2.4Avg. Household Size
Median Sale Price

Household Composition

Established Families
Couples
Single Parent Families
Single
Group Household

Dwelling Types

Houses
Apartments
Not Stated

Occupancy Types

Owned w/ Mortgage
Owned Outright
Rented Privately

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Ashmont

Suburb Profile
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