Mercer Property is excited to present to the market for sale by Expressions of insterest, for the first time as a reimagined creative office building, 35 Glebe Street, Glebe.
Meticulously designed and repurposed into a highly functional, inspiring creative office/showroom over two levels, this building has been designed for occupiers with a unique vision for their business. Set within the epicentre of bohemian Glebe's creative landscape, the property provides the perfect platform for owners seeking a premium freestanding creative grade urban premises with exceptional design pedigree incorporating heritage architecture.
Holding a striking facade and with three off-street car parks to the rear, this exceptional building enjoys relaxed winter garden and a light-filled mezzanine boardroom/breakout area, in addition, it provides seamless connectivity between two stunning levels. Adorned with designer interiors across an impressive 436.2 sqm approx. of internal floor area, plus 3 x car spaces, the building makes for an exceptionally stylish office HQ or possible residential conversion, (STCA).
Investment Highlights:
Site Area: 230sqm *
Gross Building Area: 520.5sqm * (including car parking)
Zoning: R1 General Residential (with commercial use rights)
Floor Space Ratio: 1.25:1
Building Height 9m
Gross Income: $224,645.04*
Outgoings: $19,166*
Net Income: $205,479*
*all figures provide are excluding GST and approximate only and buyers should make their own enquiries.
Terms of Sale
35 Glebe Street Glebe will be offered to the market for sale by Expressions of Interest, closing on the 31st March 2022 at 3:00 pm (AEDT).
To obtain a comprehensive information memorandum, please feel free to contact the agents;
Tom Speakman
M: 0412 891 330
E: tom@mercerproperty.com.au
Dillon Frain
M: 0416 867 155
E: dillonf@mercerproperty.com.au
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