This appealing 4 bedroom free standing house on approximately 276sqm block is positioned in one of the most favorable broad streets of Summer Hill exudes period charm with original fireplaces, ornate ceilings and cornices and polished timber floors. Huge lounge / living area. The bathroom features bathtub with shower, WC and vanity. A private rear yard and includes a garden shed and external laundry and under floor storage. Just a short passionate stroll to the end of the street and you are in the Summer Hill village shopping area with access to an array of fashionable restaurants, supermarket and shops and within walking distance to the Summer Hill railway station, parks and sporting grounds.

Comparing this property to other properties sold in the area you will find this location much more preferable and much better value for money. Properties such as in Wellesley Street Summer Hill, which sold in April 2010 for $1,475,000 with similar accommodation but is further from the railway station and backs onto busy Old Canterbury Road which is becoming polluted with car fumes. Also comparing as better value against a recent sale of a two storey Semidetached terrace on 171sqm sold in Crystal Street Petersham, a suburb which is not as popular as Summer Hill, which sold for $980,000 and is in need of a new roof and a very large amount of renovation and is positioned on a very busy car polluted street. Also comparing with a December 2013 sale in Bartlett Street Summer Hill that sold for $1,235,000 which is a 3 bedroom on a smaller block and being a semi it does not offer the opportunity for future additional storey to be added which you can do with 20 Morris Street which would give a possible additional income for an investment rental property.

In regard to 20 Morris Street a current approximate rental return of $950 per week and a great possibility for a second storey extension, subject to council approval, which could generate a further rental return. Can be used as home / office for professional purposes. This shows location and value stands out for this property and with speculation of a 30% increase in property value in this area over the next few years you can buy this house and you will never look back.

Located just a short walk from Summer Hill shops, railway station, public buses and schools and close to Ashfield Shopping Centre.

Inspect: By Appointment

Details: Doug Turnbull 0414 600 439

Property Code: 1495509