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8-10 Prospect Road
Summer Hill NSW 2130
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Sold on 18 May 2024

8-10 Prospect Road Summer Hill NSW 2130

  • Development / Land
  • 1,113 m²
  • Sold, $7,300,000

Blue Chip Investment, Block of 10 Units in the Heart of Summer Hill

    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).

    AUCTION

    Auction date and time18/05/2024 10:00
    Auction location8-10 Prospect Road, Summer Hill NSW

    Property Highlights

    Date Sold18 May 2024
    Sold Price$7,300,000
    Floor Area1,113 m²
    Land Area1,113 m²
    Parking10 x Onsite parkings
    Property ID2019180545
    Category
    Last updated  18 May 2024
    Map for 8-10 Prospect Road Summer Hill NSW 2130

    Nearest transport* to 8-10 Prospect Road Summer Hill NSW 2130

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    Property Highlights

    Date Sold18 May 2024
    Sold Price$7,300,000
    Floor Area1,113 m²
    Land Area1,113 m²
    Parking10 x Onsite parkings
    Property ID2019180545
    Category
    Last updated  18 May 2024

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