4 Gower St, Summer Hill is a 4 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 462m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
This freestanding period residence has been converted into four separate apartments and offers an outstanding prospect with excellent investment rewards. It is well presented with smart interior updates and earning solid rental returns. Occupying a desirable central location, the property stands mere moments from village shops, cafes and Summer Hill Station.
Four 1-bedroom apartments each with separate living spaces, high ceilings and period details
Well-appointed kitchens and bathrooms plus parking at the rear of the building
Approx annual returns of $73,320
Great potential to those looking to further renovate, add value and increase rental returns.
Land size: approximately: 462sqm
Council rates: approximately $3,704 per annum
Water rates: approximately $3,412 per annum
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 4,264 properties.
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