Smart city fringe investment located at the highly sought-after address of 73 Glebe Point Road located in one of Sydney's most vibrant neighbourhoods! This single level retail premises offers low maintenance with a secure long term tenant in place. Prime Location: Situated in a busting area with high foot traffic, surrounded by a rich array of cafes, restaurants, and boutique shops, ensuring high foot traffic. Rear Lane access with 2 secure car spaces. Zoned E1 Local Centre. Land size Approx. 268Sqm Inviting Atmosphere: Large windows create a bright, welcoming environment, while the modern Japanese restaurant fit out naturally captures attention making in one of Glebe's most exclusive restaurants. Spacious Interior: Large building footprint that provides flexibility for various retail concepts in the future. Current Lease: Secure lease expiring 07/11/2028 with a further 5-year option. Potential for Growth: with large ongoing developments in the surrounding area the potential for capital growth is strong. Current Passing rental: Approx. $73,750PA For full investment details contact John Tsironis 0402 696 497 or George Karafotias 0405 436 336 Auction 5th December 2024 @ 10:30am Dexus Place Level 5, 1 Margaret Street, Sydney NSW 2000 The information contained herein is deemed reliable but is not guaranteed. All descriptions, dimensions, and calculations are approximate and we encourage your own due diligence to satisfy your queries.
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Property ID: 504729456