79 Glebe Point Road, Glebe

This property is a unit located in 8/DP246633 Glebe NSW. Built in 1990, with 0 bedrooms and 0 bathrooms.

ABOUT THE PROPERTY

Bedrooms
0
Bathrooms
0
Car spaces
0
Land size
365 m2
Building size
3 m2
Council area
Sydney
Year built
1990
Lot plan
8/DP246633 Glebe NSW
House type
Business: Tourist & Leisure Services



HISTORY

Last sold 16/11/2016
$3,600,000



LISTING DESCRIPTION
as of November 2016

A premier commercial enterprise Astute investors will be seizing the opportunity to secure a property in the highly sought after Glebe Point Road strip. This premier blue ribbon offering is a 2 level building recently refurbished & constructed in 2015, with disabled toilet and lift. Further potential to develop (S.T.C.A).Currently trading as a Turkish restaurant the future opportunities to diversify are many and varied.- Coveted B2 zoning, licensed for 93 patrons- With a current yield of $156,000 (plus GST) p.a.- With a return of approximately 5 % on a per year basis- 365sqm (approx.) external and internal dining capacity- 3 storerooms, cool room and rear parking for six vehicles- Period facade, timber floors, high ceilings and security- Currently leased until May 2021 with 2 x 5 yr lease options- Freehold only- Just moments to Broadway, Sydney Uni and CBDView:29th October 2016 Time: 2:30 pm to 3:00 pm02nd November 2016 Time: 5:30 pm to 6:00 pm05th November 2016 Time: 2:30 pm to 3:00 pm09th November 2016 Time: 5:30 pm to 6:00 pm12th November 2016 Time: 2:30 pm to 3:00 pm16th November 2016 Time: 5:30 pm to 6:00 pm19th November 2016 Time: 2:30 pm to 3:00 pm