1-3/6 Veale Street, Ashmont, NSW 2650

EXPRESSION OF INTEREST

Block Of Units
Type
6
Bedrooms
3
Bathrooms
3
Parkings
836.1 m²
Area

Published on Thursday, October 15, 2026 ( See property details for 1-3/6 Veale Street, Ashmont, NSW 2650)

EXPRESSION OF INTEREST

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

A versatile investment opportunity comprising three fully leased brick units in a convenient Ashmont location, offering reliable rental income and future growth potential.

🏡 Property Highlights

  • Three fully tenanted brick units generating consistent rental income
  • Prime investment opportunity with a set-and-forget complex
  • Located just 3 km from Wagga Wagga CBD in an established suburb
  • Each unit offers 2 bedrooms, 1 bathroom, and a single carport
  • Close to major shopping centres including Ashmont Mall and Southcity Shopping Centre
  • Long-term tenants with lease expiry dates spanning over a year

✨ Key Features

  • Built-in Robes
  • Garage
  • Outdoor Area
  • Open-Plan Living
  • Secure Parking
  • Water tank
  • Floorboards
  • Pet-Friendly
  • Fully fenced
  • Additional Storage (Shed/Linen)

Ashmont is a well-established suburb just 3 km from Wagga Wagga CBD, offering convenient access to shopping centres, local amenities, and transport links. The area boasts a quiet, family-friendly environment with a strong community feel. Its proximity to major retail hubs like Ashmont Mall and Southcity Shopping Centre makes it ideal for tenants seeking convenience. The neighbourhood features established infrastructure, parks, and schools, making it a desirable location for both tenants and investors. With ongoing growth and development, Ashmont presents a promising opportunity for property investment.

What is the current rental income generated by the units?
The combined weekly rental income from all three units is $880, with individual rents of $270, $300, and $310 respectively.
Are the units currently leased, and what are their lease expiry dates?
Yes, all three units are tenanted. Unit 1's lease expires on 09/10/2027, Unit 2 on 10/12/2026, and Unit 3 on 03/10/2027.
What is the condition of the property and the units?
The units are well-maintained brick constructions, suitable for tenants, with no major defects reported.
Are there any planning or zoning restrictions affecting the property?
The property is situated in an established residential zone, with no known restrictions impacting its current use.
What are the nearby amenities and transport options?
The property is approximately 3 km from Wagga Wagga CBD, with nearby shopping centres including Ashmont Mall and Southcity Shopping Centre, providing easy access to retail, dining, and essential services.
Are there any additional costs such as strata fees, council rates, or maintenance expenses not included in the listing? Has the property been inspected recently for structural issues or pest infestations? Are there any planning applications or upcoming developments in the area that could affect the property's value? Is there any history of flooding, bushfire risk, or other environmental hazards in the vicinity? Are there any easements, covenants, or zoning restrictions that could limit future development or modifications?

1-3/6 Veale Street, Ashmont, NSW 2650 - More Details

EXPRESSION OF INTEREST

A standout opportunity to secure a quiet complex of three brick units, tenanted and producing a combined rental income. Offering three separate dwellings comprising 2 bedrooms, 1 bathroom and a single carport each this property presents a practical and appealing addition to any investment portfolio. Unit 1 and 3 are shown in the marketing content displayed.

UNIT 1
Lease period: 10/10/2026 - 09/10/2027
Rent per week: $270

UNIT 2
Lease period: 11/12/2025 - 10/12/2026
Rent per week: $300

UNIT 3
Lease period: 04/10/2026 - 03/10/2027
Rent per week: $310

Located in an established pocket of Ashmont, this property is approximately 3 km from the Wagga Wagga CBD, while the nearby Ashmont Mall is only a short drive away for local shopping and essentials. For a broader range of retail and services, Southcity Shopping Centre in Glenfield Park is also conveniently positioned under 5km, featuring Coles, pharmacy, dining and more than 15 specialty stores.

Ideal for investors looking to take their existing portfolio to the next level or establish one with a set and forget complex, this opportunity is one not to be missed!

A detailed information memorandum is on offer for all interested buyers. Expression of Interest close 5th November 2026 at 5:00pm

Disclaimer:
*All information contained herein is gathered from sources we believe to be reliable, however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Type
Block Of Units
Bedrooms
6
Bathrooms
3
Parkings
3
Area
836.1 m²

Map & nearby places — 1-3/6 Veale Street, Ashmont, NSW 2650

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