4 Summerdale Grove

Summerhill TAS 7250

837 m²

Block of units

Currently for sale - view listing

Overview

Projected Yield over 5.5 % in sought after locality

Embrace the opportunity this block of units located in the heart of Summerhill. Ideal for investors or renovators alike, this property offers a unique opportunity to secure a secure investment yield. Built in 1964, these units offer a prime locality and potential strong growth, the front home with recent updates including reverse cycle air conditioning and new carpets. Set amongst quality homes, with established blossoms on entry, the street scape is very appealing. The main house with three bedrooms, one garage, one bathroom and a garage, is currently vacant, and has the scope for further updates to maximise yield while the one bedroom, unit at the rear is currently tenanted with quality tenant in place. The main home, higher set and with incredible city views will surely appeal to young builders, looking for a project, the hard wood floors in great condition, and the floor plan ideal to work with. Nestled in a vibrant suburb, these units are just a stone's throw away from local shops, schools, and public transport options, making everyday life a breeze. The nearby Summerdale Primary School is a fantastic educational resource for families, while the surrounding area provides plenty of leisure activities for all ages. Whether you're commuting into the city or enjoying the local parks, everything you need is right at your doorstep. Take advantage of this rare chance to own a property with stunning mountain and city views. The fully fenced yard and additional shed offer both privacy and practicality, catering to your storage needs. Don't miss out on securing this exceptional opportunity for your portfolio. Front residence - Vacant estimated appraisal $530- per week Back unit - Lease in place $360- per week (July 2027) Please call Trudi for further details.