4/23 Palace Street, Ashfield, NSW 2131

Guide $600,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Friday, June 12, 2026 ( See property details for 4/23 Palace Street, Ashfield, NSW 2131)

Guide $600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious, light-filled one-bedroom apartment in a secure complex, offering comfort, convenience, and excellent lifestyle amenities in Ashfield's sought-after location.

🏡 Property Highlights

  • First-floor apartment in a secure, well-maintained complex
  • Spacious living and dining area with leafy outlooks
  • Covered balcony perfect for relaxing or entertaining
  • Large eat-in kitchen with ample storage
  • Generous bedroom with built-in wardrobe
  • Ground floor position with easy access

✨ Key Features

  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Garage / Secure Parking
  • Waterfront / Views
  • Low-Maintenance Yard

Ashfield is a vibrant inner-west suburb renowned for its diverse community, excellent transport links, and a lively shopping and dining scene. Key points include: proximity to Ashfield Mall and transport options, a variety of cafes and restaurants, lush parks and recreational spaces, strong community vibe, and easy access to Sydney CBD. It offers a perfect blend of urban convenience and relaxed lifestyle.

What is the condition of the apartment and are there any recent renovations?
The apartment is well-maintained with original features, and while it is move-in ready, there is scope for further upgrades to add value over time.
What amenities are available within the complex?
The complex is secure and well-maintained, offering easy access and a peaceful environment, with parking on title for residents.
Is the apartment suitable for first-time buyers or investors?
Yes, the property is ideal for both first home buyers seeking a comfortable lifestyle and investors looking for a strong rental opportunity in a sought-after location.
What are the nearby transport options?
Ashfield Station is within easy reach, providing convenient access to Sydney CBD and surrounding suburbs.
Are there any restrictions or special considerations for the property?
The property is part of a strata scheme with standard rates; no specific restrictions are noted, but buyers should verify any local zoning or easements.
Are there any upcoming strata or maintenance fees that could increase costs? Has the property been affected by any flooding or bushfire risks in the area? Are there any planned developments or construction projects nearby that could impact the property? Is there any history of structural issues or repairs needed in the apartment? Are there any restrictions on renovations or modifications within the complex? What are the total annual costs including council, water, and strata rates? Are there any easements or zoning restrictions affecting the property? Is the property compliant with all building and safety regulations? Are there any noise or neighbour-related issues to be aware of? What is the long-term plan for the maintenance and management of the complex?

4/23 Palace Street, Ashfield, NSW 2131 - More Details

Guide $600,000

Perfectly positioned on the first floor of a well-maintained security block, this spacious one-bedroom apartment presents an outstanding opportunity for first home buyers, downsizers and investors alike. Offering generous proportions, a functional layout and a leafy outlook, the home combines comfort, convenience and lifestyle in one of Ashfield's most sought-after locations.

Filled with natural light and enjoying a peaceful setting, the apartment features a spacious living and dining area flowing to a covered balcony, an eat-in kitchen, a generous bedroom with built-in robe and a large bathroom with internal laundry facilities. Ready to move straight in while offering scope to further enhance and add value over time.

Ideally located within easy reach of Ashfield's vibrant shopping precinct, cafes, restaurants, schools, parks and transport options, this is an exceptional opportunity to secure a quality home in a highly convenient Inner West address.

Property Features
• Generous one-bedroom apartment in a secure, well-maintained complex
• Spacious living and dining area with leafy outlooks
• Covered balcony ideal for relaxing or entertaining
• Large eat-in kitchen with ample storage and bench space
• Well-proportioned bedroom complete with built-in wardrobe
• Original bathroom with bathtub and internal laundry facilities
• Parquetry timber flooring throughout living areas and bedroom
• Ground floor position offering easy access
• Dedicated car space on title
• Excellent opportunity for owner-occupiers and investors
• Moments to Ashfield Mall, Ashfield Station, cafes, restaurants and local parks
Lifestyle Location

Enjoy the convenience of living in the heart of Ashfield, with everything you need just moments from your doorstep. Stroll to local cafes, supermarkets, shopping centres and transport, while enjoying easy access to the Sydney CBD and surrounding Inner West lifestyle hubs.

Approximate Areas
• Internal: 52 sqm
• Balcony: 5 sqm
• Car Space: 13 sqm
• Total: 70 sqm (approx.)

Council rates: $390 p/q
Water rates: $185 p/q
Strata rates: $995 p/q

Strata Report available here https://www.eyeon.com.au/existing-inspection/Ashfield/2131/NSW/4~23_Palace_Street/49990/42147
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1

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