24 Milton Street North, Ashfield NSW 2131

RARE DUAL-INCOME INDUSTRIAL HOLDING WITH RESIDENCE & WORKSHOP

House
Type
3
Bedrooms
1
Bathrooms

Last updated on Tuesday, July 14, 2026 ( See property details for 24 Milton Street North, Ashfield NSW 2131)

$2,500,000

Dasha McGee LICENSED REAL ESTATE AGENT
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile mixed-use property in Sydney's inner-west offering dual income streams with future development potential in a prime industrial location.

🏑 Property Highlights

  • Dual street frontage on approximately 800sqm landholding
  • Established mechanical/panel workshop with secure lease
  • Separate three-bedroom residence currently leased
  • Strong dual-income investment opportunity
  • Located within the sought-after E4 General Industrial zone
  • Excellent access to major transport corridors and Sydney CBD

✨ Key Features

  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Outdoor Area
  • Home Office / Study
  • Built-in Robes
  • Heating
  • Fly Screens
  • NBN / High-Speed Ready
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24 Milton Street North
Ashfield, NSW 2131
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Vertical aerial view β€” 24 Milton Street North
24 Milton Street North — Vertical Aerial  •  Ashfield, NSW 2131  •  Nearmap © 2026

Ashfield is a vibrant inner-west suburb renowned for its diverse community and excellent transport links. It offers a mix of industrial, commercial, and residential spaces, making it ideal for investors and business owners. The area boasts easy access to major roads like Parramatta Road and City West Link, connecting residents to Sydney CBD and beyond. With a strong local economy and ongoing development, Ashfield remains a highly sought-after location for both living and business. Its proximity to amenities, parks, and public transport makes it a convenient and strategic choice for a variety of lifestyles and enterprises.

What are the current uses of the property and are there any restrictions?
The property currently includes a leased mechanical/panel workshop and a separate three-bedroom residence, both with existing leases. Any future use or development must comply with the E4 General Industrial zoning and relevant planning regulations.
Is there potential for future development or expansion?
Yes, the property offers flexibility for future industrial, warehouse, storage, trade, or business uses (STCA), subject to council approval and zoning regulations.
What are the ongoing costs associated with the property?
Ongoing costs may include council rates, land tax, maintenance, and lease management fees. Specific costs can be confirmed with the current leasing arrangements and local council.
Are there any known issues or defects with the property?
The property has been well maintained; however, a thorough inspection is recommended to identify any potential issues or defects prior to purchase.
What are the zoning and planning considerations for this property?
The property is zoned E4 General Industrial, allowing for a range of industrial and commercial uses. Any development or change of use will require approval from local planning authorities.
Are there any existing planning or building approvals, or are there any pending applications for the property? Are there any easements, covenants, or restrictions affecting the land or buildings? What are the specific lease terms for the workshop and residence, and are there any upcoming lease expirations? Is there any history of flooding, bushfire risk, or other environmental concerns on the property? Are there any upcoming council or infrastructure projects in the area that could impact the property’s value or use?

24 Milton Street North, Ashfield NSW 2131 - More Details

RARE DUAL-INCOME INDUSTRIAL HOLDING WITH RESIDENCE & WORKSHOP

Type
House
Bedrooms
3
Bathrooms
1
Area
0.0

Inspections times

Auctions

  • 24 Milton Street North, Ashfield NSW 2131

    Saturday 18 July
    12:00 pm
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