390-394 Liverpool Rd, Ashfield is a 5 bedroom, 2 bathroom Unit with 4 parking spaces. The property has a land size of 620m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
This prominent corner freehold property provides an outstanding opportunity to invest value add occupy at end of lease or develop. Highly exposed on the corner of Liverpool Road and Milton Street at the gateway to the Ashfield Town Centre.
Potential for a multi-tenanted building with a ground floor showroom of 292sqm and an upstairs of 201sqm comprising of a generous 3-bedroom, 2-bathroom residence (or convert to offices).
Car access from Milton Street for off street secure parking and an additional separate 2 level brick building of 216sqm.
Upside for redevelopment in the future with 13m height limit and floor space ratio 1.5 to 1. A rare chance to secure a rare landmark corner.
The size of Ashfield is approximately 3.4 square kilometres. There are 24 parks, covering nearly 7.2% of the 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 13,108 properties. Over the last 5 years, Houses in Ashfield have seen a 21.91% increase in median value, while Units have seen a 24.24% increase. As at 31 May 2026:
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