Blue Chip Investment, Block of 10 Units in the Heart of Summer Hill
8-10 Prospect Road, Summer Hill NSW 2130
$7,300,000
Commercial LandSize: n/a
Block size: 1113 m² approx.Commercial Land size: 1113 m² approx.
Strathfield Partners are pleased to offer 8-10 Prospect Road Summer Hill to the market for sale via Auction.
This offering represents an exciting opportunity for developers or investors to acquire a prime parcel of land with ten (10) units in the heart of Summer Hill.
The property consists of:
* 8 x 2-bedroom units * 2 x 1-bedroom units * 10 x lock up garages * All units have 1-bathroom, internal laundry and balconies * Site area 1,113 m² Approx. * Height of building: 8.5m * Zoned R2 Low Density Residential
The property is fully leased being of solid brick construction with a few units refurbished and recently updated. Situated in the desirable catchment area of Summer Hill Public School and near Trinity Grammar, this property offers easy access to buses, CBD transport, parks, and the fantastic dining and shopping options in the village.
This blue-chip investment is positioned in the most desirable location benefits from significant value adding proposition through re-negotiations of rents, and/or future redevelopment upside (STCA).
Inspections
No inspections scheduled on Allhomes, yet. You may ask the agent about upcoming inspections.
Send an enquiry
Contact Robert Pignataro to learn more about this property, request an inspection or take an online tour.
Auction
Saturday 18 May, 10:00am
On site
Key details
Property type:
Commercial Land
Block Size:
1113 m²*
Other Details
Lot:
1
Plan Type:
DP
Plan:
115409
Commercial Land Size:
1113 m²*
Legal description:
1/115409
*These are approximate values based on available information.
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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.
18 May 2024
Sold at auction
Strathfield Partners Real Estate
$7,300,000
Contract: 18/05/2024
Listed: 15/04/2024
Days on market: 33
Block size: 1113m²
Transfer type: Full transfer
Summer Hill suburb information
A little bit about who lives locally, as provided by government census data
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.