Commercial Property

18 Queen Street

Ashfield NSW 2131, Australia

- Parking
571 m² Land size
- Internal area
$3,250,000 Last sale (2023)

Snapshot

Key points for 18 Queen Street.

  • Estimated market value: $1,120,000
  • Recorded price: Contact agent
  • Land size: 571 m²
  • Renovated kitchens and bathrooms, timber floors, high ceilings, internal laundry, north‑facing balconies, lock‑up garage
  • Low‑rise block of four separate flats (likely two‑storey configuration)

About this commercial property

18 Queen Street is in Ashfield, NSW and is presented as a Commercial with land size of 571 m². LOT C at 18 Queen Street, Ashfield is a low‑rise residential block comprising four identical two‑bedroom apartments sold together as a single title Price: Contact agent. The estimated market value is $1,120,000 and the estimated weekly rent is $720 per week

Key details

Locality
Ashfield
State
NSW
Coordinates
33.89176926 / 151.12819804
GNAF PID
GANSW703944428
Legal parcel ID
C/101813
Remoteness area
Metro
Property type
Commercial
Land size
571 m²
Internal area
-
Water rates
$4,230 p/a annual
Council rates
$4,512 p/a annual
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
None detected
Land Use Category
Commercial

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$720
Expected property value
$1,120,000
Estimated yield
3.34%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
20 Nov 2023
Contracted 07 Oct 2023. Unit s
$3,250,000$5,691
Contract signed
7 Oct 2023
Unit s
$3,250,000$5,691

Price per m² based on land size of 571 m².

Property insights

Building profile

The parcel comprises a low‑rise block of four separate flats, likely configured over two storeys. The block totals eight bedrooms, four bathrooms and four car spaces across the four units Harristripp.com.au
  • LOT C at 18 Queen Street, Ashfield is a low‑rise residential block comprising four identical two‑bedroom apartments sold together as a single title
  • Strong rental yield: Estimated $720 /week per unit → ~4.6 % gross yield on purchase price
  • Subdivision activity: | Lot designation | Lot C (part of a larger subdivision) | (P1) |
  • Number of units: 4
  • Total bedrooms: 8
  • Total bathrooms: 4

Property Features

  • Renovated kitchens and bathrooms Harristripp.com.au
  • Timber floors and high ceilings
  • Internal laundry for each unit
  • North‑facing balconies
  • Lock‑up garage (one per unit)
  • Renovated kitchens and bathrooms, timber floors, high ceilings, internal laundry, north‑facing balconies, lock‑up garage
  • Low‑rise block of four separate flats (likely two‑storey configuration)
  • Recent block sale: $3.25 million purchase in Oct 2023

Recorded sales and leasing agents

Recorded sale agency (2023 sale)
Harris Tripp recorded for the 2023 sale
Recorded listing contacts
Jay King 0402 005 020 Director, Harris Tripp Joey Di Perna 0449 772 093 Licensed Real Estate Agent, Harris Tripp Harristripp

Real Estate Agencies

Ordered by:
Adrian William
McGrath - Strathfield
Agency group with multiple offices
Harris Tripp - Summer Hill
MGM MARTIN
McGrath Estate Agents Inner West - Leichhardt
Belle Property - Concord & Strathfield
Agency group with multiple offices
Hudson McHugh
Fortune Connex - RHODES
McConnell Bourn - Sydney
Lytin Real Estate - Campsie
Elders Real Estate Leppington - LEPPINGTON
Cobden & Hayson - Drummoyne
Agency group with multiple offices
Eighteen Real Estate - Rockdale
Hills Estate Group
Mint Property Agents - Belfield
Byton Realty Group - St Leonards
Legend Property
Agency group with multiple offices
Belle Property - Ashfield
CobdenHayson - EARLWOOD
CobdenHayson - Petersham
Crown Commercial Real Estate - CHATSWOOD
LJ Hooker - Ashfield
Agency group with multiple offices
PROPERTY RHODES
Agency group with multiple offices
Exclusive Real Estate - Concord
* Approximate straight-line distances

Frequently asked questions

How many bathrooms are in each unit?

Each unit includes one bathroom

Harristripp.com.au
What is the nearest hospital to 18 Queen Street?

Sydney Private Hospital is about 0.4 km away

How many bedrooms does each apartment have?

Each apartment has two bedrooms

Harristripp.com.au
Is there parking provided with each apartment?

Each apartment comes with a lock‑up garage providing one car space

Harristripp.com.au
What is the estimated weekly rent for an apartment?

Estimated weekly rent is about $720 per week per unit

Harristripp.com.au
What was the recent sale price of the block?

The block sold for $3.25 million in October 2023

Harristripp.com.au
What are the annual council and water rates for the property?

Council rates are approximately $4,512 per year and water rates about $4,230 per year, totalling roughly $8,700 annually

Harristripp.com.au
What zoning applies to this site?

The site is zoned residential

Harristripp.com.au

Related profiles

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Suburb profile

Ashfield

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