This truly rare investment opportunity offers savvy buyers the chance to secure a fully-leased, multi-storey commercial and residential dual property with frontage to iconic Broadway, one of Sydney’s best known and sought-after strips.
Generate immediate returns diversified between the commercial and residential buildings and secure an investment in the heart of Glebe, the ever-popular fringe CBD market home to white collar professionals, service providers, key workers, academics and students in a vibrant social scene.
287 Broadway in Glebe is securely tenanted to a massage parlour, returning $2793.82 +GST per month, and is offered with the advantage of a rear residential premises which is currently leased for $570 per week in rent.
With a B2 zoning and two car spaces, this mixed-use investment opportunity comes with plenty of options. There is considerable scope to renovate and improve the commercial premises to increase returns and the residential premises is currently in pristine condition, providing additional security.
With its unparalleled convenience, Broadway is extremely tightly held, making this dual property a real rarity with true upside.