Price Undisclosed

18 Bed  •  12 Bath  •  8 Car  •  796m²

Main view of Homely block of units listing, 1 Prospect Road, Summer Hill NSW 2130
Floorplan of Homely block of units listing, 1 Prospect Road, Summer Hill NSW 2130
Second view of Homely block of units listing, 1 Prospect Road, Summer Hill NSW 2130
+14

Sold

1 Prospect Road, Summer Hill NSW 2130

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Price Undisclosed

  • 18
  • 12
  • 8
  • 796m²

Block of Units Sold on Fri 29 Aug, 2025

What's around Prospect Road

Block of Units description

“Exceptional Portfolio Addition with Potential and Promise”

An outstanding and rarely offered portfolio addition for the discerning investor, this three storey apartment block in a lifestyle driven locale is an exceptional acquisition opportunity in the heart of Summer Hill. With the option to enjoy as is with strong returns and long-term tenancy demand, this block offers 6 x 2 bedroom apartments and 6 x 1 bedroom apartments with the convenience of parking at the rear.

In close proximity to both Summer Hill and Ashfield villages, this property is an easy walk to Summer Hill village with the train station and boutique restaurants, and Ashfield shopping strip with a wide variety of specialty stores, grocers and the train station.

-An exciting, rare and highly versatile portfolio addition for the astute investor
-Three level block with 6 x 2 bedroom apartments, 6 x 1 bedroom apartments
-Opportunity to further capitalise and increase rental yield
-Potential to strata sub-divide (STCA)
-Parking available at the rear, shared laundry, each apartment has a balcony
-Select apartments offer modern interiors with updated bathrooms and kitchens
-This popular location offers long-term tenancy demands and low vacancies
-Located close to bus stops, Summer Hill and Ashfield train station
-Summer Hill village features excellent restaurants, leafy parks and fruit market
-Ashfield shopping strip offers a large variety of eateries, amenities and a Mall

Land size: 796.7sqm, approximately

In conjunction with IB Property
Steffan Ippolito 0403 347 111
https://www.ibproperty.com.au/

Council rates

$2686 Quarterly

Land details

Area: 796m²

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