79 Glebe Point Road,
Glebe, NSW 2037
Shops & Retail • Development Sites & Land • Other
Key property information
Land area
Floor area
Car spaces
Property extent
Zoning
Tenure type
Sold on
CBRE - Sydney
Level 21, 363 George StreetSYDNEY, NSW 2000
02 9333 33...
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.
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
CBRE - SydneyLevel 21, 363 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
Contact Agency
More properties from CBRE - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
