18 Flour Mill Way,
Summer Hill, NSW 2130
Offices • Shops & Retail
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Map of 18 Flour Mill Way
Premiere Inner West Sydney Office Investment
Knight Frank and GJS as joint exclusive selling agents are pleased to present for sale one of the premiere commercial office buildings in Inner West Sydney; 18 Flour Mill Way, Summer Hill.
Known as the ‘Mungo Scott’ Building, the asset presents the following compelling investment highlights;
- 3,511 sqm* character commercial freehold
- 84% occupied by a range of SME tenants
- $1,593,064 p.a. rental income with rental reversion upside
- Bankable 3.66 year WALE as at 1 November 2023
- Immediate transport links with a light rail station adjoining the property
- Comprehensively renovated with impressive creative office fitouts
- As new building with significant depreciation potential
- DA approved for strata subdivision
- Potential to construct an additional free-standing building (STCA).
For more information or to arrange an inspection, please contact the exclusive selling agents.
Known as the ‘Mungo Scott’ Building, the asset presents the following compelling investment highlights;
- 3,511 sqm* character commercial freehold
- 84% occupied by a range of SME tenants
- $1,593,064 p.a. rental income with rental reversion upside
- Bankable 3.66 year WALE as at 1 November 2023
- Immediate transport links with a light rail station adjoining the property
- Comprehensively renovated with impressive creative office fitouts
- As new building with significant depreciation potential
- DA approved for strata subdivision
- Potential to construct an additional free-standing building (STCA).
For more information or to arrange an inspection, please contact the exclusive selling agents.
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Summer Hill, 2130 demographic data
The median household income for Summer Hill is $2,260, 9% higher than Greater Sydney's household income of $2,077. Summer Hill has a younger age profile compared to the rest of Greater Sydney (median age 36 vs 37). Property ownership data shows 56% of property owners in Summer Hill have a mortgage.
7,288
Population
$2,260 per week
Median household income
36 years
Median age
Renters
Most residents
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18 Flour Mill Way
Summer Hill, NSW 2130
Knight Frank - South SydneySuite 12Ga, Graphix Row, 160 Bourke Road
ALEXANDRIA, NSW 2015
ALEXANDRIA, NSW 2015
Contact Agency
GJS Property - SYDNEY OLYMPIC PARKSuite 2.07, Quad 2, 6 Parkview Drive
SYDNEY OLYMPIC PARK, NSW 2127
SYDNEY OLYMPIC PARK, NSW 2127
Contact Agency
Knight Frank - SydneyLevel 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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