Entire Boutique Apartment Block - Fully Leased Investment
16 Queen Street Glebe
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