3. Cook Street,
Glebe, NSW 2037

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Map of 3. Cook Street

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SOLD PRIOR by Robert Pignataro and Chris Lambrousis

In the heart of one of the inner city's most sought after suburbs, only moments to Glebe Point Road with a bustling and vibrant array of trendy cafes, eateries, Blackwattle Bay waterside and only minutes to Jubilee Park, Sydney University and the Sydney CBD.

Set on the high side of the street is this fully leased block of 18 studio apartments which offers an exceedingly rare opportunity to possess a high yielding residential investment with excellent future potential.

* Block of 18 Studio Apartments
* Impressively substantial rental yield
* Sought after, prized location
* Easy access to waterside and Sydney CBD

* Glebe Point Road - 100m/1min walk
* Jubilee Park - 400m/6min walk
* Blackwattle Bay Waterside 450m/6min walk
* Wentworth Park 1km/15min walk

* Rental income: $330,000 pa
* Water rates: $16,353.13 pa
* Council rates: $7,164.20 pa
* Electricity: $415.28 pa
* Insurance: $4,858.36 pa

Glebe, 2037 demographic data

The median household income for Glebe is $1,756, 15% lower than Greater Sydney's household income of $2,077. Glebe has an older age profile compared to the rest of Greater Sydney (median age 38 vs 37). Property ownership data shows 43% of property owners in Glebe have a mortgage.

11,680

Population

$1,756 per week

Median household income

38 years

Median age

Renters

Most residents

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Most households