190-192 Old Canterbury Road, Summer Hill, NSW 2130

  • 636 sqm

For sale

$4,250,000

LANDMARK CORNER

Currently occupied by an Auto Body Shop since 1986, this well known corner commercial block offers more than instant exposure but a unique opportunity to invest and earn with two lots on one title.

Features:

- 19.84m frontage and total land area 666sqm

- 8 rooms, Boarding House with its own separate entry from the side street

- Ground floor office space

- Auto Body Shop/ Panelbeater (going concern)

- Total potential income per annum approx $270,400

- Zoned: B1 Neighbourhood Centre

- Close to train station and light rail, schools, shops and vibrant cafe’ strip

- Ground Floor Shops and Up-level Residential Development, Subject to Council Approval

- Ideal for the owner occupier, investor or developer with exceptional capital growth possibilities.

The Inspection:

Due to the evolving COVID-19 pandemic, our property is the safety and well-being of our clients, staff and the general public. At all inspections, please:

• Maintain at least 1.5m distance

• Avoid touching surfaces

• Wash your hands before entering

Please do not book an inspection if:

• You are, or have been, unwell with cold or flu like symptoms

• You have travelled overseas in the last 14 days

• You have been in contact with any suspected or confirmed cases of COVID-19

TenantedNo
Property Info:
  • Property ID: L639367
  • Property Type: Offices
  • Building / Floor Area: 636 sqm
  • Land Area: 666.0 sqm
We Know Your Area
R&H Suburb Profile: Summer Hill

R&H Suburb Summary Houses
Number of sales 45
Average Price $1,704,045
Median Price $1,675,000
Median Rental Price $750 p.w.
Change in Rental Rate (5yr) 14 %
R&H Suburb Summary Units
Number of sales 87
Average Price $922,037
Median Price $772,250
Median Rental Price $480 p.w.
Change in Rental Rate (5yr) 7 %
Summer Hill, NSW - Median Trend
1675000.0