A rare opportunity to acquire a purpose-built co-living asset of scale within one of Sydney's most tightly held Inner West locations. Benefiting from an irreplaceable park-front position and exceptional connectivity to transport and amenity, the property offers secure income, embedded growth potential, and long-term relevance within a structurally under supplied residential market.
The property comprises 40 self-contained studio apartments and 9 basement car parking spaces, designed to meet strong and growing demand for high-quality, flexible urban accommodation. All studios are finished to a high standard and benefit from private outdoor living, a key differentiation within the co-living sector that supports tenant retention and rental performance.
Positioned directly opposite Ashfield Park, the asset enjoys permanent open-space outlooks and a highly desirable residential setting. Its location provides excellent connectivity, situated 650m from Summer Hill Train Station and retail village, 450m from the nearest WestConnex entry. Offering convenient access to Sydney CBD and major employment hubs.
The property currently generates $1,050,000 per annum in rental income and presents a clear pathway to approximately $1,200,000 per annum in potential gross rental income, reflecting both rental growth and income optimisation opportunities.
Located within a tightly held Inner West market with limited new supply, 33 Ormond Street represents a rare opportunity to acquire a scaled, income-producing co-living investment underpinned by strong fundamentals, quality construction, and a highly accessible metropolitan location.
- Purpose-built co-living asset in Sydney's Inner West
- 40 self-contained studios with private outdoor spaces
- 9 secure basement car parking spaces
- Superior construction paired with premium finishes throughout
- Strong existing income with upside potential
- Direct frontage to Ashfield Park
- Excellent access to public transport and major road infrastructure
