16 Queen Street Glebe NSW 2037

Other
439 m²
Sold

SOLD Entire Boutique Apartment Block - Fully Leased Investment

Net passing Income $101,000* per annum
Rear lane access and parking for 2 cars

X Commercial are pleased to announce the sale of 16 Queen St, Glebe - SOLD @ Auction.

This boutique freehold apartment block was very well received by the market with several underbidders still in the market wanting to buy.

KEY AUCTION HIGHLIGHTS
- 3.5% Net yield
- 4 active bidders
- Over 100 enquiries
- Over 10 inspections throughout the campaign
- 3 underbidders still in the market
- Freehold apartment blocks are in high demand

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

Property Highlights

Date Sold	31 May 2022
Floor Area	439 m²
Land Area	152 m²
Energy	0-star NABERS Energy rating
Parking	2 x Onsite parkings
Property ID	2017753185
Category	Other Development / Land Offices
Last updated	1 Jun 2022

Map for 16 Queen Street Glebe NSW 2037

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Property Highlights

Date Sold	31 May 2022
Floor Area	439 m²
Land Area	152 m²
Energy	0-star NABERS Energy rating
Parking	2 x Onsite parkings
Property ID	2017753185
Category	Other Development / Land Offices
Last updated	1 Jun 2022