2/59 Grosvenor Crescent Summer Hill NSW 2130

2 bed apartment on 756sqm lot |$900k-$1.1m value range |Newly listed for auction |Inner West school catchment | This two-bedroom apartment on a 756sqm lot within a residential strata complex suits downsizers or professionals prioritizing secure parking and proximity to local schools. Sharing the generous lot size with its neighboring unit at 59 Grosvenor Crescent underscores its unique scale among Summer Hill apartments, where most offerings occupy far smaller footprints. The single secure car space addresses a key practical need in this parking-constrained area, enhancing everyday usability for owner-occupiers. Its position in the Inner West Council with no flood, bushfire or heritage overlays adds a layer of low-risk appeal for long-term holders. Buyers drawn to similar two-bedroom units here often include first-home couples or investors seeking steady rental yields around $700-800 weekly, as seen in local comparables. Market data positions it competitively at an estimated $900,000 to $1.1 million, reflecting recent sales trends for strata units with off-street parking. The property’s school catchments, including Ashfield Public and Boys High, broaden its draw to young families transitioning from houses. In a suburb where units rarely command such land allocation, it holds inherent value retention potential amid tightening supply. Reliable NBN and 5G coverage further supports its viability as a modern hold or flip in a market favoring functional inner-city assets.