Ray White Ashfield is thrilled to present 22 Hercules Street Ashfield for Auction.
Located on a high-profile corner in the heart of Ashfield, presenting a dual-purpose investment opportunity of remarkable appeal. The ground level introduces an elegant shop front, poised to capitalise on the dynamic Hercules Street footfall, thereby setting the stage for a thriving commercial venture and 3 bedroom apartment upstairs.
Situated in close proximity to Ashfield Train Station, Ashfield shopping centre,buses, eateries and multiple developments. This property presents a golden opportunity for the astute investor.
KEY FEATURES:
Retail area of 180sqm approx
2 car spaces out the back
Gross income of $90,000 per annum approx
New gross rent 2024 $103,000 per annum approx
Both leased to great tenants
Add value potential
Zoned E2 - Commercial/Business/Retail/Shop Top Housing
Significant exposure and high pedestrian flow
Approx Outgoings:
Council $4950 PA
Water: $1516 PA
For more information, please contact the exclusive selling agent:
Andrew Simpson
0456 550 025
Michael Simpson
0456 550 203
While care has been taken in the preparation of these particulars, no responsibility is accepted for the accuracy of the whole or any part and interested persons are advised to make their own enquiries and satisfy themselves in all respects.
The size of Ashfield is approximately 3.4 square kilometres. It has 24 parks covering nearly 7.2% of total area. The population of Ashfield in 2016 was 23841 people. By 2021 the population was 23012 showing a population decline of 3.5% in the area during that time. The predominant age group in Ashfield is 20-29 years. Households in Ashfield are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ashfield work in a professional occupation.In 2021, 45.10% of the homes in Ashfield were owner-occupied compared with 43.80% in 2016.
Ashfield has 13,091 properties. Over the last 5 years, Houses in Ashfield have seen a 28.12% increase in median value, while Units have seen a 30.51% increase. As at 30 April 2026:
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