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31 Arthur Street, Ashfield, NSW 2131 For Sale

31 Arthur Street, Ashfield, NSW 2131

Auction - Guide $2,800,000

Block Of Units
Type
5
Bedrooms
5
Bathrooms
4
Parkings
500 m²
Area

Published on Thursday, October 01, 2026 ( See property details for 31 Arthur Street, Ashfield, NSW 2131)

Auction - Guide $2,800,000

Open on Saturday 3 October 9:30 am | View All

Auction Saturday 31 October at 12:00 pm | View All

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

A rare opportunity to acquire a fully tenanted block of five one-bedroom apartments in the heart of Ashfield with development potential and excellent amenities nearby.

🏡 Property Highlights

  • Entire block of five one-bedroom apartments with immediate rental income of approximately $130,000 per annum
  • Prime central Ashfield location close to Ashfield Mall, Station, and vibrant dining precinct
  • Approximately 500m² of land with dual street access and rear lane parking
  • Scope to increase rental returns through renovation or future development (subject to council approval)
  • Generous parking including one garage and three car spaces
  • All apartments feature functional kitchens, bathrooms, and internal laundry facilities

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Ashfield is a vibrant suburb renowned for its excellent transport links, diverse dining options, and shopping precincts. It offers a strong community atmosphere, convenient access to Sydney CBD, and a growing property market. The area features a mix of historic and modern residences, making it ideal for investors and homeowners alike. With proximity to parks, schools, and amenities, Ashfield provides a highly desirable lifestyle. Its ongoing development and infrastructure improvements ensure long-term growth potential.

What is the current rental income and potential for future rent increases?
The property currently generates approximately $130,000 gross annual rent, with scope to increase returns through renovation or rent reviews.
Are there any development restrictions or approvals required for future development?
Future development is subject to council approval; potential buyers should review local zoning and planning regulations.
What are the ongoing costs associated with the property?
Ongoing costs include council rates, water rates (each unit individually metered), maintenance, and management fees if applicable.
Is the property suitable for owner-occupiers or only investors?
The property offers flexibility for both investors and owner-occupiers, with options to live in one unit and rent out the others.
What condition are the apartments currently in?
All apartments are in functional condition, with scope for updates to enhance rental returns or value.
Are there any existing planning or zoning restrictions that could affect future development? Have any recent inspections revealed structural issues or repairs needed? Are there any easements, covenants, or restrictions on the land? What are the total annual costs including rates, insurance, and maintenance? Is there any history of flooding or bushfire risk in the area? Are there any upcoming council or community development plans that could impact the property? What are the terms of the current leases, and when are they due for renewal? Are there any strata or community title considerations applicable to this property? Is the property compliant with all current building and safety regulations? Are there any planned infrastructure projects nearby that could affect the property’s value or accessibility?

31 Arthur Street, Ashfield, NSW 2131 - More Details

Auction - Guide $2,800,000

Ideally located just moments from Ashfield Mall and Station, this two-storey complex of five one-bedroom apartments offers a rare opportunity to acquire an entire block on approximately 500m², complete with dual street access and generous parking via the rear lane off Amy Street.

Currently returning approximately $130,000 in gross annual rent, the property combines immediate income with scope to add value. Retain the apartments in their current condition and review existing rents, progressively update to enhance rental returns, or explore future development possibilities, subject to council approval.

An entire block of this size in central Ashfield is increasingly hard to find, presenting an appealing long-term investment close to transport, shopping and dining.

Property Features:

- Five one-bedroom apartments offering immediate rental income of approximately $130,000 gross per annum.
- All apartments feature a functional kitchen, bathroom and internal laundry facilities.
- Scope to increase rental returns in the existing configuration or through renovation.
- Approximately 500m² of land with Arthur Street frontage and rear lane access off Amy Street.
- One garage plus three car spaces accessed via the rear lane.
- Long-term investment opportunity with potential for future development, subject to council approval.
- Short walk to Ashfield Station, Ashfield Mall and the vibrant Liverpool Road café and dining precinct.
- Live in one and rent the rest out
- Each unit individually metered for water
Type
Block Of Units
Bedrooms
5
Bathrooms
5
Parkings
4
Area
500 m²

Inspections times

  • Inspection Sat 3 Oct 9:30 am

    Saturday 3 October
    9:30 am - 10:00 am
    Add to calandar Remind Me

  • Inspection Wed 7 Oct 11:45 am

    Wednesday 7 October
    11:45 am - 12:15 pm
    Add to calandar Remind Me

  • Inspection Sat 10 Oct 9:30 am

    Saturday 10 October
    9:30 am - 10:00 am
    Add to calandar Remind Me

Auctions

  • 31 Arthur Street, Ashfield, NSW 2131

    Saturday 31 October
    12:00 pm
    Add to calandar Remind Me

Map & nearby places — 31 Arthur Street, Ashfield, NSW 2131

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