79 Glebe Point Road,
Glebe, NSW 2037
Shops & Retail • Development Sites & Land • Other
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CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
79 Glebe Point Road
Glebe, NSW 2037
Map of 79 Glebe Point Road
SECURE RETAIL INVESTMENT OPPORTUNITY
- NLA: 288sqm* plus 6 car spaces
- Anchored by well-known tenant
- Secure lease with 5+5 year options
CBRE as the exclusive agents are pleased to present 79 Glebe Point Road, Glebe.
Conveniently positioned along Glebe’s main dining and retail strip, 79 Glebe Point Road presents a secure retail investment opportunity in one of Sydney’s most up-and-coming suburbs. The property is tenanted by Otto Noorba Restaurant and has
288sqm* of NLA, a large outdoor seating area plus 6 secure car spaces.
A development scheme has been prepared to capitalise on the large site area by constructing residential apartments in the back courtyard space (STCA).
79 Glebe Poing Road benefits from the following key attributes:
• Ground floor restaurant with a total NLA of 288sqm*, large outdoor dining area plus 6 car spaces
• Anchored by well-known tenant with a strong catchment of customers
• Secure lease with 5+5 year options
• Net passing income: $170,307 per annum*
• Premium location along Glebe Point Road, moments from Broadway and several prestigious universities
• Significant landholding boasting rear street access
• Direct light rail and bus services to Sydney CBD (5-minute ride*)
• Large young professional and student demographic
• Design scheme prepared for further extensions to the property (STCA)
For more information or to request access to the due diligence room, please contact the selling agents.
Conveniently positioned along Glebe’s main dining and retail strip, 79 Glebe Point Road presents a secure retail investment opportunity in one of Sydney’s most up-and-coming suburbs. The property is tenanted by Otto Noorba Restaurant and has
288sqm* of NLA, a large outdoor seating area plus 6 secure car spaces.
A development scheme has been prepared to capitalise on the large site area by constructing residential apartments in the back courtyard space (STCA).
79 Glebe Poing Road benefits from the following key attributes:
• Ground floor restaurant with a total NLA of 288sqm*, large outdoor dining area plus 6 car spaces
• Anchored by well-known tenant with a strong catchment of customers
• Secure lease with 5+5 year options
• Net passing income: $170,307 per annum*
• Premium location along Glebe Point Road, moments from Broadway and several prestigious universities
• Significant landholding boasting rear street access
• Direct light rail and bus services to Sydney CBD (5-minute ride*)
• Large young professional and student demographic
• Design scheme prepared for further extensions to the property (STCA)
For more information or to request access to the due diligence room, please contact the selling agents.
Property ID: 503614986Last Updated: 1 Dec 2020
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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