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79 Glebe Point Road Glebe NSW 2037

  • Shop & Retail
  • 288 m²
  • Commercial Auction

SECURE RETAIL INVESTMENT OPPORTUNITY

  • NLA: 288sqm* plus 6 car spaces
  • Anchored by well-known tenant
  • Secure lease with 5+5 year options

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.

AUCTION

Auction date and time25/08/2020 12:00
Auction locationAuctionWorks, 50 Margaret Street, Sydney

Property Highlights

Property ID2016408974
Floor Area288 m²
Land Area365 m²
Parking6 x Onsite parkings
Building TypeWhole building
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  30 Jul 2020
Map for 79 Glebe Point Road Glebe NSW 2037
Map for 79 Glebe Point Road Glebe NSW 203779 Glebe Point Road Glebe NSW 2037
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  • Purchase price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

CBRE Sydney
Level 21 363 George Street Sydney NSW 2000

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