OFF MARKET

2 Darghan Street
Glebe NSW 2037

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 198m2
Land area: 122m2
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Property Details for 2 Darghan St, Glebe

2 Darghan St, Glebe is a 4 bedroom, 2 bathroom House and was built in 1880. The property has a land size of 122m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
House
Year Built
1880
Floor Size
198m2
Land Size
122m2
Local Government
Sydney
Lot/Plan
B/DP439187

Last Listing description (October 2023)

THE OPPORTUNITY
X Commercial is delighted to offer 2 Darghan Street, Glebe for sale by Public Auction on Tuesday, 16 August 2022. This is an excellent opportunity to acquire a quality, fully-let residential freehold investment in the heart of Glebe.

The building has 3 separate, self-contained apartments, each with its own character;
- Apt 1. Studio. Architect-designed living space with high ceilings, compact bathroom and kitchenette hidden behind bespoke, discreet cabinetry.
- Apt 2. 3 bed. Warm and welcoming apartment on the top floors with loft-style bedrooms, modern bathroom, and 2 exclusive-use balconies.
- Apt 3. 1 bed. Ground floor residence with a large living/dining area that opens out onto a leafy private courtyard.

X MARKS THE SPOT
This NE-Facing late Victorian corner terrace is a short stroll from the culinary delights of Glebe Point Road and Sydney Fish Markets. Darling Harbour, Sydney University, UTS, Notre Dame and Sydney TAFE are all within a 1km radius, and the building is only 2km from Sydney CBD with multiple transport options including light rail and bus.

X-FACTORS INCLUDE
- Fully Leased Investment
- Net passing Income $77,000pa*
- Potential for Rental Reversion
- 3x Separate Apartments
- Walk to Broadway, universities and Darling Harbour
- 198m2 of building* on 120m2 Land
(*Approx.)

For more information or to inspect please contact the exclusive selling agents below:

Lachlan Palm - 0431 723 010
Tony Crane - 0416 479 189

Property History for 2 Darghan St, Glebe, NSW 2037

A timeline of how this property has performed in the market
Last Sold
$1,430,000
14 Dec 2013
  • 18 Jul 2022
    Listed for Sale Contact Agent
  • 01 Sep 2020
    Listed for Rent $410 / week
  • 26 Jul 2018
    Listed for Rent $490 / week
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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 7,919 properties. Over the last 5 years, Houses in Glebe have seen a 36.45% increase in median value, while Units have seen a 31.39% increase. As at 31 October 2024:

  • The median value for Houses in Glebe is $2,447,758 while the median value for Units is $1,216,512.
  • Houses have a median rent of $910 while Units have a median rent of $700.
There are currently 23 properties listed for sale, and 49 properties listed for rent in Glebe on OnTheHouse. According to CoreLogic's data, 221 properties were sold in the past 12 months in Glebe.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.