CBRE as the exclusive agents are pleased to present 79 Glebe Point Road, Glebe.
Conveniently positioned along Glebes main dining and retail strip, 79 Glebe Point Road presents a secure retail investment opportunity in one of Sydneys most up-and-coming suburbs. The property is tenanted by Otto Noorba Restaurant and has 288sqm* of NLA, a large outdoor seating area plus 6 secure car spaces.
A development scheme has been prepared to capitalise on the large site area by constructing residential apartments in the back courtyard space (STCA).
79 Glebe Poing Road benefits from the following key attributes: Ground floor restaurant with a total NLA of 288sqm*, large outdoor dining area plus 6 car spaces Anchored by well-known tenant with a strong catchment of customers Secure lease with 5+5 year options Net passing income: $170,307 per annum* Premium location along Glebe Point Road, moments from Broadway and several prestigious universities Significant landholding boasting rear street access Direct light rail and bus services to Sydney CBD (5-minute ride*) Large young professional and student demographic Design scheme prepared for further extensions to the property (STCA)
For more information or to request access to the due diligence room, please contact the selling agents.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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