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Sold on 25 Oct 2023 for $2,300,000

20 Grosvenor Crescent
Summer Hill NSW 2130

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 20 Grosvenor Cres, Summer Hill

20 Grosvenor Cres, Summer Hill is a 2 bedroom, 1 bathroom BlockOfUnits with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom BlockOfUnits sold in Summer Hill in the last 12 months.

Building Type
BlockOfUnits
Local Government
Inner West
Lot/Plan
1/DP101188

Last Listing description (October 2023)

This charming complex offers the savvy buyer a unique opportunity in this thriving Inner West suburb. With enough scope to update or improve to reap the rental return benefits, properties like this are a rare find and usually don't last long.
Set on a large corner block at the Grosvenor Crescent end of a cul-de sac, this property features 2 units upstairs each with 2 bedrooms, combined living/dining, kitchen, and 1 bathroom.
This level also has its own lockable entrance door with internal foyer and staircase.

The ground level has 2 units, each with 1 bedroom and a study, 1 bathroom, combined living/dining areas and a kitchen.
Externally there is a double garage with adjoining laundries and an extra WC.
Upstairs has undergone a recent renovation, with polished floorboards and internal painting.
Downstairs units are currently tenanted for a combined amount of $875/week and one garage is rented for $70/week.
Features include lovely period details such as patterned ceilings, picture rails, polished timber floors, terrazzo floors, and bay windows.
• Total of 6 bedrooms
• 4 bathrooms
• 2 garages
• 2 external laundries
• Large block with outdoor common area and manicured gardens
• Period details
• Potential for increased rental returns

Council rates: $4100/year
Water rates: $3500/year

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Property History for 20 Grosvenor Cres, Summer Hill, NSW 2130

A timeline of how this property has performed in the market
Last Sold
$2,300,000
25 Oct 2023
  • 31 Jan 2024
    Listed for Rent - Price not available
  • 21 Oct 2023
    Sold for $2,300,000
  • 07 Sep 2023
    Listed for Sale For Sale $2,350,000

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About Summer Hill 2130

The size of Summer Hill is approximately 1.2 square kilometres. It has 12 parks covering nearly 4.6% of total area. The population of Summer Hill in 2011 was 6,586 people. By 2016 the population was 7,311 showing a population growth of 11.0% in the area during that time. The predominant age group in Summer Hill is 30-39 years. Households in Summer Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Summer Hill work in a professional occupation. In 2011, 49.1% of the homes in Summer Hill were owner-occupied compared with 45.6% in 2016.

Summer Hill has 4,259 properties.

    There are currently 9 properties listed for sale, and 24 properties listed for rent in Summer hill on OnTheHouse. According to CoreLogic's data, 172 properties were sold in the past 12 months in Summer hill.

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