Ormond Street, Ashfield, NSW
Property Journey:
Looking to grow his property portfolio and add a third investment property in a bullish market was going to be a challenge for our client.
He has previously bought 2 investments in the Inner West, however the market had shifted quite a bit since then and he was finding it much more challenging.
Competition was extremely high in the sub $450,000 price point across the Inner West, however we managed to secured a great 1 bedroom apartment with parking in one of Ashfield’s best streets for $430,000.
This returned a 4.8% yield and growing annually at approximately 17%.
This journey took just over 4 weeks from the date we started our process.
About the Property:
Beautifully Renovated Apartment!
Located in a well maintained security complex, this well presented, fully renovated 1 bedroom unit is located in one of Ashfield’s finest streets, opposite Ashfield Park and only a short stroll to schools, transport and shops.
Peacefully situated towards the rear of the block, this unit embraces a modern lifestyle with both comfort and convenience.