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Historic Glebe Corner - Leased Investment

37 Glebe Point Road Glebe

For Sale For Sale - $3,200,000

X MARKS THE SPOT
37 Glebe Point Rd represents an excellent and rare opportunity to acquire an iconic mixed-use investment on one of Glebes most prominent corners. The property is conveniently located in the heart of Glebe and within walking distance to Broadway shopping center, Sydney University & UTS, Sydney Fish Markets and 2km from Sydney CBD with multiple transport options within close vicinity.

Current improvements comprise a two level building consisting of a ground floor retail occupied by Badde Manors with a courtyard, back of house storage, office and a first floor residential with 1 x self-contained 1 bedroom apartment, 1x self-contained studio apartment and 3 rooms with communal amenities.

THE KEY X-FACTORS OF 37 GLEBE POINT ROAD INCLUDE:
Net passing Income $158,000* per annum Established Tenant - Iconic Inner West Café Badde Manors (Est 1982) 1x studio apartment, 1x 1-bedroom apartments and 3 rooms with shared amenities Building Constructed in 1864 - Originally The Glebe Hotel 2 street frontages Glebe point Rd & Francis St Walking Distance to Broadway and Universities 340sqm* of existing building on 225sqm* Site 2km from Sydney CBD(*Approx.)

For more information or to organise an inspection please contact the exclusive selling agents below:

Lachlan Palm - 0431 723 010
Daniel O'Brien - 0404 860 747

For Sale

Price Guide

For Sale - $3,200,000

Property Type

Retail

Land area approx

225sqm

Floor area approx

340sqm

Inspection Details

Please contact Lachlan Palm to arrange an appointment.

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