32 Glebe Point Road,
Glebe, NSW 2037

Shops & Retail • Offices • Other

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Zoning

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Map of 32 Glebe Point Road

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FABULOUS RETAIL INVESTMENT

This solid sound property comprises of retail shop & 2nd floor residence/offices. Leased for 5 yrs. at a base rent of $64,480 pa. Net + GST. This quality property offers an exceptional opportunity for an investor to acquire a well-positioned property in Sydney's busy & ever popular Glebe Point Road retail strip having tremendous potential for redevelopment, strong future capital growth and rising rental income returns. The proposed new zoning by Sydney City Council is B2 Local Centre - Commercial & Residential Use, this will allow for a variety of retail uses including restaurant/Caf. Total floor space approx 130 sqm. Dimensions 4.5m X 26m Land area 130 sqm
The proposed new DCP height limit will be 9 m. (3 floors) and the FSR will be S1 (1:1.5) or allowable building floor space approx 200 sqm. POTENTIAL FOR A THIRD LEVEL (STCA). Don't Delay Ring Now!
NOTE; Street frontage of approx 4.5 m. and a depth of approx 26 m. having an approx land area of 130 sqm.

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

Families

Most households

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