Grand Victorian Terrace, Configured As 7 Apartments Proven Investment For 40 Years

  • For Sale $3,500,000
361 Glebe Point Road, Glebe NSW
  • Apartment, Boarding house, House, Terrace
  • Property Type
  • 7
  • Bedrooms
  • 7
  • Bathrooms
Featured Commercial Sales Residential Sales

Grand Victorian Terrace, Configured As 7 Apartments Proven Investment For 40 Years

361 Glebe Point Road, Glebe NSW
  • For Sale $3,500,000

Description

Grand Victorian Terrace, Configured As 7 Apartments Proven Investment For 40 Years

“CARLYLE c.1883”

Grand & Gracious Victorian terrace offered for the first time in 40 years.

The property is currently configured as 7 fully self-contained character filled apartments.

All on residential agreements. Conveniently located on cosmopolitan Glebe Point Road, on the door step to transport, cafes and eateries, a delightful inner-city-fringe location, offering both a proven and secure income or convert to a grand home.

Accommodation & features.

– GAR $126,880.00 based on 100% occupancy

– Configured as 4 X one bedroom apartments and 3 x studio apartments all separately metered

– Classic original period features with high ornate ceilings throughout

– Solid rent returns with great potential for further improvements

– Home buyers note potential to be returned to a Grand inner-city home

– Land size 271sqm block, rear lane Via Arden Lane with possibility for car access S.T.C.A.

Close to Broadway Shopping Centre, Sydney University with famed Glebe markets further down the road. Minute’s drive to Central Park, UTS, Notre Dame, Chinatown and Sydney CBD.

Details

Updated on January 20, 2024 at 10:51 am
  • Property ID: DET-13336
  • Price: For Sale $3,500,000
  • Land Area: 271 m²
  • Bedrooms: 7
  • Bathrooms: 7
  • Property Type: Apartment, Boarding house, House, Terrace
  • Property Status: Commercial Sales, Residential Sales

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Dominic D’Ettorre
  • Dominic D’Ettorre