Buy into Summer Hill’s popular Flour Mill development with Durum Silos
THE Durum Silos is the latest addition to the Summer Hill Flour Mill development site and it doesn’t disappoint with style and convenience.
THE Durum Silos is the latest addition to the Summer Hill Flour Mill development site.
Set for settlement in 2019, the silos form part of an expansive development that includes a retail precinct and a number of residential towers.
Located on Flour Mill Way, the four former silo towers will house 56 units with a mixture of two and three bedrooms as well as one-bedroom units with a study.
Internally they start at 56 sqm for the one-bedroom apartments and span up to 104 sqm for the three-bedroom units.
To entice prospective homeowners, the Flour Mill is offering a 12 month rental guarantee at 5 per cent yield, as well as a prepayment of stamp duty for investors which will be reimbursed on settlement.
Built by Richard Crookes Constructions, the apartments feature curved walls and circular floor plans, making it one the most unique living spaces in the inner west and Sydney.
At the peak of the 14 storey silos sit two penthouse apartments with roof terraces and 360 degree views of Sydney.
Prices start from $650,000 for a one-bedroom apartment, $820,000 for the two-bedroom units and $1.3 million for the three-bedroom stat
Colliers International director Ian Bennett said the silos were located at the site of one of the last operating flour mills in Sydney.
“This is one of the last opportunities to live in an iconic and historic area while benefiting from the new finished apartments,” Mr Bennett said.
The project will have the Lewisham West Light Rail Station on their doorstep.
For more information visit summerhillflourmill.com.au.
Originally published as Buy into Summer Hill’s popular Flour Mill development with Durum Silos