11
  • Property Type
  • Hostel
  • 28
  • Bedrooms

Grand and Gracious Backpackers – Three Classic Victorian Buildings to be sold in One Line as a going concern.

Description

An exceptional opportunity to secure a proven investment in one of Sydney’s most tightly held city-fringe locations. The Village Glebe comprises of three magnificent semi-detached Victorian terraces operating as a high-performing licensed backpacker hostel.

Set on a combined 1,053sqm (approx.) of land with rear lane access, this rare holding is nestled in the heart of Glebe’s Toxteth Estate, just moments to Jubilee Park, Blackwattle Bay, Sydney University, and the Light Rail.

Key Highlights

Three adjoining freehold buildings with grand period façades and timeless classic detail

Licensed for 118 beds across 28 rooms

Spacious layouts spanning two full levels plus basement in each building

Rear lane access via Allen Lane and enjoying sunny central communal courtyards

Additional features include a front desk/reception, games room guest laundry, and shared kitchen, with the nearest cross street: Cotter Lane

Investor Snapshot

Gross Annual Return (GAR): Approx. $1.4 million

Long-established hostel with consistent occupancy and brand recognition

Rare offering in a highly sought-after location with strong demand from students and travellers

Ideal for passive investors, operators, or value-add developers (STCA)

To be sold in one line – WIWO or with vacant possession

Unmatched Inner-City Location

Prime position on Glebe Point Road’s high street, surrounded by shops, cafes, and character residences

Walk to Sydney Uni, Broadway Shopping Centre, the Fish Markets, Tram sheds, and foreshore parks, Part of the significant Toxteth Estate precinct, rich in heritage and growth appeal

Details

Updated on July 19, 2025 at 1:54 pm
  • Property ID DET-16215
  • Land Area 1,053 m²
  • Bedrooms 28
  • Rooms 118 Beds
  • Property Type Hostel
  • Property Status Commercial Auction, Auction, Commercial Sales, Residential Sales