1-4/38 Ashmont Avenue, Ashmont, NSW 2650

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
- Potential for rent growth and gross yield approaching 7%

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

Disclaimer: 
In preparing this advertisement, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility or liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should rely on their own enquiries to verify the information contained in this advertisement.