Premium shop front & upstairs residence

Conveniently positioned along Glebe’s main dining and retail strip, 16 Glebe Point Road presents a ground floor shop front and upstairs residence in a high pedestrian and vehicular traffic location.

Key attributes include:

– Ground floor shop previously occupied by a coffee & sandwich bar “Clipper”.
– Kitchen area plus rear outdoor courtyard
– Total build area 143m2
– Ground floor shop 59m2
– Kitchen/toilet 29m2
– 1st & 2nd floor 55m2
– Land size: 179m2 (approx.)
– 1st floor bedroom and 1 open area beaming with natural light
– 2nd floor attic style bedroom
– Located within close proximity to Broadway Shopping Centre, Glebe Markets, Sydney University and Direct light rail and bus services to Sydney CBD (5-minute ride)
– Large young professional and student demographic
– Potential to use some or all of the items in the shop: Cooktop, Fridges, Register
– Owner can offer a 3 year lease term with options
– Rent is $70,000 + GST + Outgoings.
– Breakdown of outgoings per annum are:
– Insurance $3,668
– Land tax $4,428
– Council rates $4,570
– Water rates $1,200
– Management fees $3,111

Property ID: 1257663