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).