Commercial Property

6 Webbs Avenue

Ashfield NSW 2131, Australia

6 Parking
1115 m² Land size
- Internal area
$905,000 Last sale (2017)

Snapshot

Key points for 6 Webbs Avenue.

  • Estimated market value: $3,353,000
  • Land size: 1,115 m²
  • Budget/student accommodation operating model
  • 2 storeys, brick & tile construction
  • 12 self‑contained rooms with kitchenettes for student housing

About this commercial property

6 Webbs Avenue is in Ashfield, NSW and is presented as a Commercial with 6 parking spaces, land size of 1,115 m². Lot 1, 6 Webbs Avenue, Ashfield is a two‑storey brick‑and‑tile building on an 821‑822 m² block comprising 12 bedrooms, 3 bathrooms and 6 car spaces Sold for $905,000 on 2 Sep 2017. The estimated market value is $3,353,000 and the estimated weekly rent is $764 per week

Key details

Locality
Ashfield
State
NSW
Coordinates
33.88595081 / 151.12824579
GNAF PID
GANSW703940889
Legal parcel ID
1/500529
Remoteness area
Metro
Property type
Commercial
Land size
1115 m²
Internal area
-
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
$764
Expected property value
$3,353,000
Estimated yield
1.18%
Confidence
High

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
2 Sep 2017
$905,000$811
Sale
15 Dec 2012
$1,750,000$1,569
Sale
5 Mar 2004
$330,000$295

Price per m² based on land size of 1115 m².

Property insights

Property Features

  • Budget/student accommodation model with self‑contained rooms Commercialrealestate.com.au
  • Multiple kitchenettes and shared toilet facilities
  • Six on‑site car spaces
  • 17 M frontage with street access
  • Budget/student accommodation operating model
  • 2 Storeys, brick & tile construction
  • Building coverage 45%
  • High‑density accommodation potential: 12‑bedroom block on a single residential lot offering strong student housing demand
  • Development headroom: Height limit 12.5 m and FSR 0.7: 1 provide scope for modest extension
  • Car spaces: 1

Recorded sales and leasing agents

Recorded sale agency (2012 sale)
Romani Estate Agents recorded for the 2012 sale Level 1, 46 Burwood Road, Burwood NSW 2134 Commercial real estate
Recorded listing contacts
Joe Vigorito 0414 645 704

Real Estate Agencies

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

Frequently asked questions

What parking is provided on site?

There are six car spaces available

Commercialrealestate.com.au
What nearby amenities are mentioned?

The surrounding precinct places public transport within easy reach

Commercialrealestate.com.au
How many bedrooms does the property have?

The building provides 12 bedrooms

Commercialrealestate.com.au
How many bathrooms are available?

The property includes three bathrooms

Commercialrealestate.com.au
What is the estimated market value of the property?

The estimated market value is approximately $3.35 million

Commercialrealestate.com.au
What is the estimated weekly rent if fully let?

Estimated weekly rent is about $505 per week

Commercialrealestate.com.au
What zoning applies to the land?

The land is zoned R3 – medium‑density residential

Commercialrealestate.com.au
What is the nearest railway station?

Ashfield railway station is about 0.3 km away

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