Property Details for 3 Flour Mill Way, Summer Hill
3 Flour Mill Way, Summer Hill is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
Sydney Fast Food Investment
Burgess Rawson is pleased to present Bekya, Summer Hill to the market for sale via Investment Portfolio Auction 158.
The investment has the following key investment highlights:
+ Near new 7 year lease to 2029 + option
+ Guaranteed and compounding rental grown with fixed 3% annual rent increases
+ Experienced fast food operators with an extensive high quality internal fit-out
+ Prominent 176 sqm* internal property area accompanied by outdoor dining and alfresco seating area
+ Summer Hill: prestigious Inner-West suburb 7km from Sydney CBD, 850m* walk to the Summer Hill train station and within proximity to Woolworths anchored and Abacus & ISPT owned Ashfield Mall comprising of 24,791 sqm of retail and 5 levels of parking for 1,070 vehicles****
+ Benefiting from the Summer Hill Flour Mill community with 3,000+* commuters passing through daily, 7,311 local residents and the Flour Mill Summer Hill markets occurring every first and third Sunday of the month*****
+ Ideal fast food precinct supported by 850+ dwellings in the immediate area and above, and access to Sydney's Inner-West population of 183,000+ people**
+ Net Income: $106,472 pa* + GST
To be sold by Investment Portfolio Auction
10:30am AEDT Tuesday 21 February 2023
Yallamundi Rooms, Sydney Opera House
A further 3 Summer Hill investments are also available.
Please contact the exclusively appointed Burgess Rawson team for more information.
*Approximately
**Inner-West Council
***Bekya
****ISPT
*****summerhillflourmill.com.au
Property History for 3 Flour Mill Way, Summer Hill, NSW 2130
- 21 Feb 2023Sold - Price Undisclosed
- 24 Jan 2023Listed for Sale Contact Agent
- 19 Aug 2022Listed for Sale Contact Agent
Recent sales nearby
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0About Summer Hill 2130
The size of Summer Hill is approximately 1.2 square kilometres. There are 12 parks, covering nearly 4.6% of the total area. The population of Summer Hill in 2016 was 7311 people. By 2021 the population was 7288 showing a population decline of 0.3% in the area during that time. The predominant age group in Summer Hill is 30-39 years. Households in Summer Hill are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Summer Hill work in a professional occupation.In 2021, 48.70% of the homes in Summer Hill were owner-occupied compared with 45.60% in 2016.
Summer Hill has 4,371 properties. Over the last 5 years, Houses in Summer Hill have seen a 14.45% increase in median value, while Units have seen a 25.14% increase. As at 30 June 2026:
- The median value for Houses in Summer Hill is $2,492,328 while the median value for Units is $1,033,008.
- Houses have a median rent of $1,000 while Units have a median rent of $670.
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