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CBRE - Sydney

48-64 Wentworth Park Road Glebe, NSW 2037

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48-64 Wentworth Park Road,
Glebe, NSW 2037

Other • Hotel, Motel & Leisure

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CBRE - Sydney
Matthew Fenn
Nicholas Heaton

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
CBRE - Sydney
48-64 Wentworth Park Road
Glebe, NSW 2037

Map of 48-64 Wentworth Park Road

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36 OVERSIZED RESIDENTIAL APARTMENTS

  • Estimated gross Income of $1,800,000p.a*
  • Net Lettable Area of 3,000sqm*
  • Walking Distance from the Sydney CBD
CBRE and McGees Property are pleased to present 48-64 Wentworth Park Road, Glebe. Located in one of the most vibrant inner city suburbs, the apartment block is a premium investment within walking distance of Sydney Harbour and Sydney CBD.

The historic building underwent a tasteful residential conversion in 2009 to 36 luxury apartments overlooking Wentworth Park and is situated metres from the Blackwattle Bay waterfront development. Each oversized apartment caters to a growing demand for city fringe living.

46 – 64 Wentworth Park Road, Glebe benefits from the following key attributes:
• 36 oversized residential apartments:
- 16 x 1 bedroom apartments of 78sqm* (average)
- 19 x 2 bedroom apartments of 85sqm* (average)
- 1 x 3 bedroom apartment of 132sqm*
• Estimated gross income of $1,800,000 per annum*
• NLA of 3,000sqm*
• Land area of 1,105sqm*
• Three street frontages plus 23 secure car spaces accessed from rear lane
• Overlooking the leafy Wentworth Park and Racetrack
• Well positioned to take advantage of the $250 million transformation of Blackwattle Bay and the Sydney Fish Markets, which will commence at the end of 2018
• Opportunity to strata subdivide and sell down individually in a sought-after city fringe location
• 250m* from Blackwattle Bay, 350m* to Glebe Light Rail Station and 1.3km* from the Sydney CBD
• Depreciation benefits from 2009 renovation relating to plant and equipment and capital works allowance

*Approximate

For further information, please contact the listed selling agents

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Property ID: 502835166Last Updated: 6 Jul 2020

CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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