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Entire Boutique Apartment Block - Fully Leased Investment

16 Queen Street Glebe

Auction 31st May 2022 at 10:30am
2  

X MARKS THE SPOT
16 Queen St represents an excellent and rare opportunity to acquire a residential freehold investment in one line, within walking distance to Broadway shopping center. Positioned in the heart of Glebe, moments from Glebe Point Rd, Sydney University & UTS, Sydney Fish Markets and a 2km from Sydney CBD with multiple transport options within walking vicinity.

Current improvements comprise a three level building consisting of a ground floor studio apartment and office with rear lane access and parking for 2 cars and 2 double story 1 bedroom apartments with large balcony's.

THE KEY X-FACTORS OF 16 QUEEN STREET INCLUDE:
Net passing Income $101,000* per annum Modern appliances and finishing's with reverse cycle air conditioners 1x studio apartment, 2x 1 bedroom apartments and a small commercial office Rear lane access and parking for 2 cars Walking Distance to Broadway and Universities 439sqm* of existing building on 152sqm* Site 2km from Sydney CBD(*Approx.)

For more information, please contact the exclusive selling agents:
Lachlan Palm - 0431 723 010
Daniel O'Brien - 0404 860 747

Auction

31st May 2022 10:30am

Price Guide

AUCTION

Property Type

Other (Commercial)

Facilities

2  

Land area approx

152sqm

Floor area approx

439sqm

Inspection Details

Please contact Lachlan Palm to arrange an appointment.

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