On-Site Auction this Saturday 13th April at 3:30pm | A Premier Investment Opportunity, 16 Room Boarding House
An exceptionally rare offering, appealing to savvy investors seeking a unique investment opportunity in an outstanding location. Resting on a 594.4sqm block in a prime pocket of Summer Hill, enjoy an immediate income stream with scope to further increase and explore future development possibilities (STCA). The prime address rests mere footsteps to Summer Hill's train station & village, bus services, schools, parks and shopping precincts.
- Ideally located block with 16 lettable residences - Shared bathroom and kitchen facilities, with multiple indoor/outdoor areas - Multiple storage rooms plus an additional lock up garage at the rear - Strong immediate rental income, with scope for future increase - Ideally located within walking distance to Summer Hill & Ashfield's transport and shopping precincts
Land size: 594.4sqm approx
Inspections
No open inspections scheduled.
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Contact Jay King to learn more about this property, request an inspection or take an online tour.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
Property history
You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
13 Apr 2024
Sold
Harris Tripp
Listed: 07/03/2024
Block size: 594.4m²
Transfer type: Full transfer
Summer Hill suburb information
A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
37 years
Population
7,288
Listing ID: 182357928. This listing has been viewed 10 times. It was first displayed on 07/03/2024 and last updated on 13/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.