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79 Glebe Point Road
Glebe NSW 2037
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Sold on 30 Oct 2020

79 Glebe Point Road Glebe NSW 2037

  • Shop & Retail
  • 288 m²
  • Sold

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.

Property Highlights

Date Sold30 Oct 2020
Floor Area288 m²
Land Area365 m²
Parking6 x Onsite parkings
Property ID2016408974
Category
Last updated  2 Dec 2020
Map for 79 Glebe Point Road Glebe NSW 2037

Nearest transport* to 79 Glebe Point Road Glebe NSW 2037

Bus
Train
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Property Highlights

Date Sold30 Oct 2020
Floor Area288 m²
Land Area365 m²
Parking6 x Onsite parkings
Property ID2016408974
Category
Last updated  2 Dec 2020
Level 21/363 George St Sydney NSW 2000

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