34A Junction Road, Summer Hill, New South Wales, 2130

  • 4
  • 3
  • 1

Auctioned

Auctioned for $2,100,000 (Feb 24, 2018)

BLOCK OF 3 UNITS - FANTASTIC INVESTMENT OPPORTUNITY

On offer for the first time in many years is this low maintenance block of residential units comprising 2 × 1 bedroom units and 1 × 2 bedroom, all with open plan layouts, separate living areas and one garage.

Currently all leased and ideally positioned only a short walk to Summer Hill shops, amenities, public transport and local schools.



  • 2 level residential building with 3 units

  • 1 bedroom units with study and separate combined lounge/dining

  • Low maintenance brick building with side driveway to rear

  • Walk to Summer Hill shops, transport and amenities

  • Summer Hill Public School – 120m/1min walk

  • Allman Park – 600m/8min walk

  • Trinity Grammar School – 600m/8min walk

  • Sydney Private Hospital – 650m/8min walk

  • Yeo Park – 750m/9min walk

  • Waratah Mills Light Rail – 800m/9min walk

  • Summer Hill Train Station – 850m/10min walk

    -————————————

    Land size: 366m2 approx

    Gross Rental Income: $1196.03 pw (Unit 1 $470, Unit 2 $350 and Unit 3 $376.03)

    Council rates: $2,872.76 pa

    Water rates: $714.64 pq

    Insurance: $1,718.69 pa

    Electricity: $720 pa

    Land Tax: $6,307.90 pa

    Net Income: $47,716 pa (est)

Property Info:

  • Property ID: 18379005
  • Property Type: BlockOfUnits
  • Garages: 1

We Know Your Area

R&H Suburb Profile: Summer Hill

R&H Suburb Summary Houses
Number of sales 39
Average Price $1,759,103
Median Price $1,701,000
Median Rental Price $750 p.w.
Change in Rental Rate (5yr) 18 %
R&H Suburb Summary Units
Number of sales 88
Average Price $757,859
Median Price $735,000
Median Rental Price $500 p.w.
Change in Rental Rate (5yr) 14 %
Summer Hill, NSW - Median Trend
  • 34A Junction Road, Summer Hill,
    New South Wales, 2130