32 Callaghan Street Ashmont NSW 2650

Renovated 1960s home | Large 694m² block | High rental yield potential | No overlays The primary risk is paying a premium for recent renovations in a suburb where the underlying land value may not support it, given the 2024 sale price. The opportunity lies in securing a modernised, low-maintenance house on a sizable block with strong rental fundamentals. This property is best held as a long-term rental, leveraging its immediate income to offset holding costs while banking on land value appreciation. Its competitive strength is the combination of a turnkey renovation and a large, unencumbered parcel of land—a rare offering that provides both instant occupancy and future optionality. It serves the practical investor or first-home buyer seeking a balance of modern comfort and asset growth without the burden of immediate upgrades. This analysis is based on available data; a physical inspection and independent valuation are essential to confirm its condition and true market position.