5a Henson St, Summer Hill is a 1 bedroom, 8 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 462m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
An outstanding investment opportunity on 461.6sqm (approx.), this is your chance to acquire an entire block of six (6) units in a vibrant lifestyle setting. Positioned just a short walk to village shops, supermarket, cafs, schools and multiple transport options, this is a truly unique opportunity for savvy investors to capitalise on this sought-after location.- Block of 6 units with secure intercom entry selling in one line- Comprising 2 x 2 bedroom units and 4 x 1 bedroom units- Solid double brick construction in excellent condition- Some of the units have been refreshed and renovated- Most units have internal laundry facilities; also separate shared laundry- Spacious light filled interiors with timber floorboards- Potential full rental income of $115,000 gross per annum (approx.)- 400m walk to the bustling village shops and eateries- 600m walk to Summer Hill Train Station 1.2km from Ashfield Mall- Easy access to major arterial roads to CBD and airport- Rarely does an opportunity present itself in such a prime positionWater: $1280.00 p.q (approx.)Council: $1415.00 p.q (approx.)
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 4,272 properties. Over the last 5 years, Houses in Summer Hill have seen a 36.74% increase in median value, while Units have seen a 31.08% increase. As at 30 November 2024:
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