99 Waterworks Rd, Ashgrove is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 425m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Bordering on Ashgrove and Red Hill, this solid cottage has extreme potential at an entry level price. Families or investors will not be disappointed with this exceptional opportunity to enter the Ashgrove market. This property has the classical feel yet modern convenience.
Note - Park in Eager St for the Open home.
Upstairs, the generous front balcony offers a classic entry to the home and additional separate access to a possible 2 way office. Internally the living and dining area feature period joinery to the ceiling and room dividers and the kitchen has been updated with a modern solid timber bench-top which leads to a generous deck overlooking the expansive north facing yard.
The lower level (whilst not legal height) is currently setup with a large living area, kitchen and dining area with access to rear yard and 3rd bedroom.
Properties like this come few and far between, with proximity promoting a lifestyle suiting professional executive couples, families and investors or the ability to have the older children's entertainment setup downstairs.
Enjoy vibrant scene of cafes, bars, restaurants and shops within Ashgrove & Red Hill. All this whilst being central to all amenities within the 5km radius of the CBD. The home offers much more than meets the eye with tremendous potential to personalise and capitalise on investment.
Features:
- 2 Generous bedrooms upstairs plus 1 additional downstairs (not legal height)
- Office off main bedroom with separate entry from front verandah.
- Magnificent period detail throughout
- Abundance of natural light
- 6.6KW Solar power system
- Expansive Deck entertaining area
- Fully fenced yard on 425m2
- Plenty of storage
- Single garage with space for another and plenty of room in the front yard for additional cars or to turn around onsite.
- Close to CBD
Rates - $440 per quarter
Solar - 6.6KW System
Easy walking distance to all that Ashgrove/Red Hill has to offer schools, childcare facilities, cafes, parks, bike tracks and public transport.
The size of Ashgrove is approximately 5.9 square kilometres. It has 33 parks covering nearly 17.2% of total area. The population of Ashgrove in 2016 was 13039 people. By 2021 the population was 13450 showing a population growth of 3.2% in the area during that time. The predominant age group in Ashgrove is 10-19 years. Households in Ashgrove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Ashgrove work in a professional occupation.In 2021, 71.50% of the homes in Ashgrove were owner-occupied compared with 69.00% in 2016.
Ashgrove has 5,677 properties. Over the last 5 years, Houses in Ashgrove have seen a 70.01% increase in median value, while Units have seen a 120.41% increase. As at 31 March 2026:
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