361 Glebe Point Road Glebe NSW

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

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“CARLYLE c.1883”

Presenting a rare opportunity to acquire “CARLYLE,” a grand and gracious Victorian terrace offered for the first time in 40 years. Currently configured as seven fully self-contained, character-filled apartments, each on residential agreements, this property is conveniently located on cosmopolitan Glebe Point Road, providing immediate access to transport, cafes, and eateries. This delightful inner-west location offers both a proven and secure income stream or the potential to convert back to a grand single residence.

Proven Rental Income – Gross Annual Rent of $147,680 based on full occupancy
Versatile configuration – 4 x one-bedroom and 3 x studio apartments, all separately metered
Timeless Victorian charm – High ornate ceilings and original period details throughout
Exceptional Investment potential – Strong rental returns with scope for value-add enhancements
Prime inner-city block – 271 sqm with rear lane access via Arden Lane, potential for car access (STCA)
Council Approved ‘Class 2 Apartment block’

This is a rare opportunity to secure a well-positioned Victorian terrace in a sought-after inner-west location. With a strong rental return and potential for future enhancements or conversion, “CARLYLE” offers versatility for investors and owner-occupiers alike.

Inspections by appointment or as advertised.

$ 3,100,000

Property Type

Block of Units

Overview

Type
Block of Units
Contract
Sold
Building Size
271 sqm
Land Size
271 sqm
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