CBRE, as the exclusive sales agent, is pleased to present 'Palm Court', 20 Alexandra Road, Glebe. This trophy apartment block commands a prime location beside Jubilee Park and just moments from Rozelle Bay. Comprising 12 studio apartments, the property is just a short drive from Sydney CBD, benefiting from its quiet suburban lifestyle whilst still being surrounded by amenity. 'Palm Court’ presents a secure investment with a steady cash flow and value add potential. The development of the entire Bays Precinct area, identified by the NSW Government as a State Significant master plan, will underpin capital growth in Glebe and the surrounding suburbs for years to come.

'Palm Court' benefits from the following key attributes:

- Apartment block with 12 studio apartments
- Floor area: 395sqm*
- Land area: 411sqm*
- Potential gross income: $221,316 per annum*
- Strong value add potential through refurbishments
- Adjacent to Jubilee Park and moments to the waterfront at Rozelle Bay
- Short walk to Jubilee Park Light Rail Station with direct services to the city
- Set to benefit from future developments and infrastructure of the Bays Precinct master plan
- Just 2.7km* from Sydney CBD

'Palm Court' will be sold via public auction on Tuesday, 10 September 2019 at 10.30am.

For further information, please contact the exclusive sales agents.

*approximate

Note: All financial figures have been provided by the Vendor. Purchasers are advised to conduct their own independent due diligence.