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CBRE - Sydney

20 Alexandra Road Glebe, NSW 2037

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20 Alexandra Road,
Glebe, NSW 2037

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CBRE - Sydney
20 Alexandra Road
Glebe, NSW 2037
CBRE - Sydney
Nicholas Heaton
Matthew Fenn

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000

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CITY FRINGE APARTMENT BLOCK

  • 12 strata titled studio apartments
  • Deceased Estate
  • Next to Jubilee Park & the waterfront
CBRE, as the exclusive sales agent, is pleased to present 'Palm Court', 20 Alexandra Road, Glebe. This trophy apartment block commands a prime location beside Jubilee Park and just moments from Rozelle Bay. Comprising 12 studio apartments, the property is just a short drive from Sydney CBD, benefiting from its quiet suburban lifestyle whilst still being surrounded by amenity. 'Palm Court’ presents a secure investment with a steady cash flow and value add potential. The development of the entire Bays Precinct area, identified by the NSW Government as a State Significant master plan, will underpin capital growth in Glebe and the surrounding suburbs for years to come.

'Palm Court' benefits from the following key attributes:

- Apartment block with 12 studio apartments
- Floor area: 395sqm*
- Land area: 411sqm*
- Potential gross income: $221,316 per annum*
- Strong value add potential through refurbishments
- Adjacent to Jubilee Park and moments to the waterfront at Rozelle Bay
- Short walk to Jubilee Park Light Rail Station with direct services to the city
- Set to benefit from future developments and infrastructure of the Bays Precinct master plan
- Just 2.7km* from Sydney CBD

'Palm Court' will be sold via public auction on Tuesday, 10 September 2019 at 10.30am.

For further information, please contact the exclusive sales agents.

*approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.

Property ID: 503297438Last Updated: 14 Nov 2019

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CBRE - Sydney
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000
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Nicholas Heaton

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Nicholas Heaton
CBRE - Sydney
20 Alexandra Road Glebe, NSW 2037

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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