Back 114 Glebe Point Rd
Off Market

114 Glebe Point Rd

Glebe NSW 2037

4
10
456 m²
Other
Last sold for $5,250,000
Nicholas KatsikarosNicholas Katsikaros, last sold this property on 27 July 2018 after 78 days on market.

Overview

Sold for $5,250,000

Situated over 2 levels with 2 front entrances this prime investment opportunity currently operates as the 'Glebe Family Medical Practice'. The premises are well placed in a prominent location with high visible exposure in the heart of thriving Glebe. - Currently leased 5x5x5 -commenced 1st November 2012 - Newly built in 2003 - Fitout of the building is owned by the tenant. - Rental of $240,000.00 P.A., (incl. GST) - Net income of $218,181.84 P.A (approx.) - Outgoings (Council,Water & land tax are paid by the tenant)] - Car parking at rear for 8-10 cars (8 undercover) - Possible further re-development at rear S.T.C.A. - Just minutes to RPA, Broadway, Newtown and the CBD Features: -Large Reception Area, 2 nurse's stations, 8 Consultation rooms -Isolation room, Pathology room, medical equipment room -Staff room, 3 x W/C, ducted air con -2 conference/board rooms that can be combined as one -Dual entry, security alarm, Manager's room & Doctor's work area.

Features

4 bathrooms
10 carspaces
456 m² lot size
Other

Estimated Value

We need at least 3 similar other properties sold in Glebe over the last 12 months.

Property history for 114 Glebe Point Rd

2018
Sold
$5,250,000
Auction Sale on 27 Jul 2018 by Nicholas Katsikaros, of Laing+Simmons Glebe

Happy sellers in Glebe

84%
84% of sellers in Glebe reported that their sale price either exceeded or met their price expectations.

Glebe stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

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