Prominently located with wide street exposure to Glebe Point Road, this supremely well-appointed retail and residential package presents a fantastic opportunity for those looking for a solid investment or business venture. The mixed-use building is in top condition and features a spacious street front, two successful and long-term tenants, café and pet grooming services, the building is complete with a massive two-bedroom apartment occupying the whole top floor- plus parking at the rear. Easy CBD access with the bus stop virtually at the front door. Immediate access to village cafés, shopping, and the light rail. A wonderful opportunity to acquire a fully leased block in a prime location.
The property represents excellent value for money and enjoys a great location flanked by supporting businesses all set to benefit from future developments and infrastructure of the bay's precinct master plan. This prime real estate offering is central to all amenities and is 2.5km (approx.) from the heart of Sydney's CBD with bus connections virtually at the front door.
- A prominent position with high Glebe Point Road exposure
- New roof
- Featuring an expansive 299sqm internal space over two levels
- Occupying a generous 266sqm dual block with rear lane access
- A wide 7.4 meter frontage and valuable secure parking for three cars
- Loads of storage
- 2 street front retail shops, both with long-term, reliable tenants - approx. combined income of $74,200 Gross
- Potential to return approximately $128,000pa including top floor residential apartment
- Fully renovated 2-bedroom apartment occupying the whole top floor
- Soaring ceilings and rich polished timber floors throughout
- Magnificent City skyline views from most areas of the apartment
- Reverse cycle ducted air conditioning
- Open plan modern kitchen with loads of storage
- Renovated bathroom
- Huge windows allowing an abundance of light
- Rear landing perfect and large front balcony capturing leaf views.
- Complete with internal laundry and built in wardrobes.
- Currently owner occupied- Potential rent in current market conditions approx. $1100 per week
