Address available on request,
Glebe, NSW 2037

Invest in the Glebe village revival, positioned in the strongest retail position on Glebe Point Rd directly opposite the famous Glebe markets and presenting a huge add value opportunity STCA.

This famous and iconic business of Glebe Pt Rd also offers a wildly successful cafe & wine bar at the rear of the property. Your will feel the creative atmosphere and buzzing vibe with feature graffiti walls which are legacies of the buildings former life of a youth centre.

The interesting timber heritage facade sets the scene as you walk in the approx 200m2 building that is currently leased to Sappho books.

The property is Nestled a large square block of land approx 277m2 with RLA and was formally DA approved for further development and still offers huge add value potential STCA . There an increased FSR of 1.5/1 (under the NEW LEP) which mean a huge scope to further develop the site, while still offering a stable cash flow with a strong long term tenant who wants to stay on and will a sign an even longer lease.

Currently leased @ $97,581.58 + GST, with annual increases of CPI plus the tenant pays the water & council rates.

Secure this brilliant opportunity for long term growth, potential for add value or site for your own business at a later time!!!

Make sure you don't miss it!