FOR SALE
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375 Glebe Point Road
Glebe NSW 2037

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 477m2
Land area: 232.3m2
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PROMINENT CORNER LOCATION, IDEAL INVESTMENT OPPORTUNITY

Located in one of the best locations in Inner Sydney, with Harbour Bridge and city skyline views. This rare opportunity provides the decerning investor the chance to purchase two commercial shop fronts along with 3 fully self-contained apartments, all recently refurbished. The corner position of approximately 224sqm is zoned B2 Local centre was previously used as a bottle shop along with a wine bar and residential occupancy. Complete with DA approval for further improvement D/2021/1498. Current Fire Safety Certificate, supplied.
• 2 x commercial shopfronts, both approx. 72sqm each
• Kitchen and storage facilities to Forsyth St Commercial shopfront
• 2 x 2 bedroom as well as 1 x 1 bedroom fully self-contained apartments
• Second floor offers roof top terrace with city views
• Single garage accommodation along with ample street parking
Beyond this peaceful abode, explore the cosmopolitan lifestyle just footsteps away. A short stroll to popular cafes, amenities, public transport, Glebe Point Road, and major universities.
Outgoings:
Council Rates: $ 1,140 pqtr approx
Water Rates: $ 1,260 pqtr approx.
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Property Details for 375 Glebe Point Rd, Glebe

Building Type
Commercial
Floor Size
477m2
Land Size
232.3m2

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About Glebe 2037

The size of Glebe is approximately 1.7 square kilometres. It has 14 parks covering nearly 17.1% of total area. The population of Glebe in 2011 was 11,123 people. By 2016 the population was 11,538 showing a population growth of 3.7% in the area during that time. The predominant age group in Glebe is 20-29 years. Households in Glebe are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glebe work in a professional occupation. In 2011, 34.9% of the homes in Glebe were owner-occupied compared with 34.8% in 2016.

Glebe has 7,914 properties. Over the last 5 years, Houses in Glebe have seen a 47.34% increase in median value, while Units have seen a 32.35% increase. As at 30 September 2024:

  • The median value for Houses in Glebe is $2,519,838 while the median value for Units is $1,217,015.
  • Houses have a median rent of $900 while Units have a median rent of $700.
There are currently 26 properties listed for sale, and 34 properties listed for rent in Glebe on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Glebe.

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Paul Pettenon
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Shirley Tse
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Raine & Horne Concord
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