Summer Hill

Summer Hill&#39;s latest apartment development, Amici, has proven a hit with both first home buyers and investors following its recent launch.

Amici Summer Hill, at 18 McGill Street, will comprise 57 apartments in total, a mix of studio, one, two, three and four-bedroom units.

Over 50 per cent of the project was sold on launch, with a handful of two and three-bedroom apartments still available. The two-bedders are priced from $1,095,000&nbsp;and the three-bedders from $1.49 million.

Not only have the smaller apartments been snapped up quickly, but there has been great interest from executive couples and young families seeking value for money, resulting in a strong demand for the three-bedroom units.

The Colliers Residential team is managing the sales campaign and has already received extremely positive feedback from buyers.

[smartcode_project:default project_id=112398 project_image_fid=195276]

&ldquo;The attention to detail is incredible, the level of finish and inclusion of the natural stone really elevates these apartments to another level. The thoughtful design of the indoor/outdoor kitchen servery leading on to the semi-enclosed balcony also provides another point of difference and elevates apartment living&rdquo; Colliers Director of Project Marketing Ian Bennett said.

&ldquo;A serious lack of existing stock combined with the quality of off-the-plan apartments is attracting new buyers, which can be seen in the success we&rsquo;ve already had. We&rsquo;ve even seen one buyer purchase three apartments, one for themselves and two for their children.&quot;

&rdquo;The apartments will feature open-plan kitchens with natural stone bench tops and splash backs providing a feel of everyday luxury. The chic stone bathrooms will have bronze tap ware, accent lighting and a timeless colour palette to create a home of understated style and comfort. The brick fa&ccedil;ade will be complemented by native greenery providing a calming and inviting presence,&quot; Bennett&nbsp;added.&nbsp;

[smartcode_project:default project_id=112398 project_image_fid=195277]

The building has been designed with community at the forefront, with generous allocations for green spaces for residents on every floor, as well as a large communal rooftop garden.

On the ground level there is connectivity to the surrounds, with a caf&eacute; opening on to a pocket park with a walkway to the light rail station less than 50 meters away, as well as the 5.8-kilometre GreenWay that links to the Bay Run.

Amici will also sit close to some of Sydney&rsquo;s most prestigious schools, major shopping centres and business destinations, making it ideal for all buyer types.

The Yard 120C, Rick Timperi, Studio Johnston Architects and landscape architects, McGregor Coxall have embarked on the new development venture together, collaborating to bring the Amici vision to life.

Timperi&rsquo;s fourth-generation family business specialises in restoration and conservation of Sydney&rsquo;s most prestigious heritage buildings and includes the GPO at No1 Martin Place.

[smartcode_project_cta: project_id=112398]

Over 50 per cent of the project was sold on launch, with a handful of two and three-bedroom apartments still available



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First home buyers and investors snap up Amici, Summer Hill apartments

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The landmark Mungo Scott building in Summer Hill in Sydney's inner west is set to be leased after a contemporary transformation.
The five level commercial office tower had been an operating flour mill before production ceased in 2009.
The building dates back to 1922 when it was built by Mungo Scott. The cluster of functional milling and storage buildings were taken over by Allied Mills in the 1950s.
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Now the commercial premises forms part of the EG Funds &amp; Daiwa House Flour Mill Development which comprises over 400 apartments.
Refurbishment work on the building’s interior is now being finalised, with the offices expected to be ready for occupancy later this year.
Original structural and architectural features such as timber posts and girders and exposed ceilings have been retained as part of the office design.
JLL's Guy Baseby said the space will suit a range of users, including medical, education and fitness businesses, but is most likely to appeal to creative occupiers.  
“The design and fit-out will have a community feel that aims to encourage collaboration."
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Some equipment from the mill will also be preserved and displayed in the space as part of the refurbishment.
Surrounding commercial spaces suggest the market price will range from $400-$600 per sqm net.
Colliers International agents James Cowan, Jordan McConnell and Chrios Baltussen are marketing the property for lease in conjunction with JLL's Guy Baseby.
Cowan said the commercial space would suit a range of businesses.  
“This building is a rare opportunity to secure premium office accommodation in a convenient inner-western location,” he said.
“The added benefit of this property, and what makes it unique, is the versatility in occupation ranging from medical and fitness, to architectural and tech. We are already fielding a high level of enquiry.”
Colliers Jordan McConnell called the property a trophy asset.
"The property certainly falls within the trophy asset category and will definitely be a statement to any incoming tenant," he said.
"Having a history dating back to 1922 and recently undergoing a meticulous renovation we expect demand to be high and the suites to be snapped up quickly.”
 
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Historic Mungo Scott building in Summer Hill for lease

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NSW Education Standards Authority chairman Tom Alegounarias and his wife Annetta Tourta have sold their Summer Hill home for $2.75 million having downsized locally.
<a href="https://www.harristripp.com.au/properties/view/14_rosemount_avenue_summer_hill_nsw_2130-sale-1P4139" target="_blank">The four bedroom home </a>on the dress circle Rosemount Avenue had $2.6 million hopes.
it last traded for $331,500 in 1992.
The home has been extended several times over the years, including adding a separate games room and adding a versatile loft retreat.
The home was described as a fluid melding of heritage style and contemporary appeal by Harris Tripp agent Jay King.
Earlier this year the couple downsized, spending $1.53 million on a three bed home nearby.
This article first appeared in The Daily Telegraph. 
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NSW Education Standards Authority chairman sells in Summer Hill

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The last stage of the apartment project in Sydney’s Summer Hill, known as The Flour Mill, which innovates on the concept of the original flour mill there, will be launched officially on September 24.
The original flour mill was built by Mungo Scott in the 1920s. It was redesigned by HASSELL and developed by EG and Daiwa House. 
Construction on <a href="/expert-insights/buying/55043-more-flour-mill-summer-hill-silos-apartments-for-sale" target="_blank">The Flour Mill</a> began in early 2015 and the final stage will unveil 135 studios, one, two and three-bedroom apartments located across the remaining buildings which comprise the Durum Silos, The Wheatstore and The Granary. 
The residential development comprises 360 apartments and terraces surrounded by landscaped communal gardens, retail spaces and easy access to the light rail and train station. 
Since its launch in 2014, Stage 1 and Stage 2 have sold completely. 
The four circular towers of the original wheat silos, dubbed the Durum Silos now form 56 apartments across 14 storeys, at the peak of which sit two penthouse apartments with roof terraces enjoying 360 degree views. 
The Granary has been converted to one and two bedroom apartments that mimic the scale of the original buildings on this site. 
The Wheatstore’s triangular structure stands out as the only design within the Flour Mill that started from scratch. It houses 27 two and three-bedroom apartments. 
EG’s development manager Raja Jamal said the focus was community and connectivity. 
“Summer Hill hosts a strong, connected community and we are excited to bring together the new and the old residents,” says Jamal. 
“The new retail precinct and integrated communal public park will complement the vibrant high street and existing village atmosphere.” 
Collier’s International is marketing the project and has started taking enquiries for the last stage. 
Colliers’ residential director Ian Bennett said, “The majority of buyers in Stage 1 and 2 were locals looking to buy a piece of the area’s history, with investors and first home buyers looking at the one and two-bedroom apartments due to the connectivity with the light rail, train station and bus services all flanking the development,” said Bennett.
The Flour Mill’s completion scheduled for the end of 2018. 
For more information, <a href="https://summerhillflourmill.com.au/" target="_blank">click here</a>.
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Last chance to buy a piece of history in Sydney’s Summer Hill 

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EG Funds' residential development, The Flour Mill of Summer Hill is set for its next stage launch.
The Malthouse release in the new master-planned community located on the heritage Flour Mill industrial site in Summer Hill has its display suite officially opening this weekend. 
The earlier stages are now sold out primarily to local buyers.
The Flour Mill of Summer Hill development is a joint venture by EG and Daiwa House.
Dr Michael Easson, executive chairman of EG inspected the display suite ahead of the launch with Grant Flannigan, from EG, confirming settlement for stage 1 of the Flour Mill will occur in February 2017.
Designed by architects, HASSELL, Summer Hill’s newest residential community and retail hub began construction in early 2015.
The next stages will have 233 apartments - studios, one, two and three bedroom apartments located in the Flour Mill’s existing silos.
The prices and sizes of apartments (square metres internally) range from 1 bedroom 55 m2 internally $710,000 - $735,000; 2 bedroom 71-90 m2 internally $840,000 - $1,110,000 and the 3 bedrooms 89-125 m2 internally $1,120,000 - $1,635,000. 
HASSELL has taken its cues from the Flour Mill’s landmark silos to echo the site’s industrial proportions, retaining the remarkable heritage and form and redefining the structures to revitalise this beloved monument to the city’s rich industrial heritage.
The three vertical layers of the nine-storey Malthouse work in unison to celebrate the building’s industrial heritage. 
A central vertical cut-out creates a 20-metre high void in the lobby while horizontal cut outs on each level form a spinal corridor open at the northern and southern ends.
Each apartment has been cleverly designed to bring the outside in – balconies and windows have been carefully placed to provide an interesting outlook from every aspect while maximising natural light and airflow.
The four circular towers of the original wheat silos, dubbed the Durum Silos now form 56 contemporary apartments across 14 storeys, at the peak of which sit two penthouse apartments with roof terraces enjoying spectacular 360 degree views.
The Granary has been converted to one and two bedroom apartments that mimic the scale of the original buildings on this site.
Housing 27 two and three bedroom apartments, The Wheatstore’s triangular structure stands out as the only design within the Flour Mill that started from scratch.
EG’s Development Manager Raja Jamal says a key focus of the development was on community and connectivity.
“We have integrated a communal public park featuring existing mature avenues of brushbox and a new retail precinct which includes cafés, restaurants and retail offerings to complement Summer Hill’s existing village atmosphere,” said Mr Jamal.
Colliers agent Ian Bennett said the majority of initial buyers were locals looking to buy a piece of the area’s history, with investors and first home buyers looking at the 1 and 2 bedroom apartments due to the connectivity with the light rail, train station and bus services flanking the development. 
For more information, <a href="https://summerhillflourmill.com.au/" target="_blank">click here</a>.
 
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