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Expression of Interest
Located in one of the best locations in Inner Sydney, with Harbour Bridge and city skyline views. This rare opportunity provides the decerning investor the chance to purchase two commercial shop fronts along with 3 fully self-contained apartments, all recently refurbished. The corner position of approximately 232.2sqm is zoned B2 Local centre was previously used as a bottle shop along with a wine bar and residential occupancy. Complete with DA approval for further improvement D/2021/1498. Current Fire Safety Certificate, supplied.
• 2 x commercial shopfronts, both approx. 72sqm each
• Kitchen and storage facilities to Forsyth St Commercial shopfront
• 2 x 2 bedroom as well as 1 x 1 bedroom fully self-contained apartments
• Second floor offers roof top terrace with city views
• Single garage accommodation along with ample street parking
Beyond this peaceful abode, explore the cosmopolitan lifestyle just footsteps away. A short stroll to popular cafes, amenities, public transport, Glebe Point Road, and major universities.
Outgoings:
Council Rates: $ 1,140 pqtr approx
Water Rates: $ 1,260 pqtr approx.
Potential Rent approx..
2 x Commercial Space: $ 2,500 per week approx.
2 bedroom apartments: $750 per week each approx
1 bedroom apartment : $ 580 per week approx.
Land Tax: The land value for Glebe building is $1,570,000 in 2024. Land tax @ 1.6% plus $100
., so land tax is $25,121
Buyers Guide: Contact Agent
View: By Appointment or as advertised
Enquiries: Paul Pettenon
Paul.pettenon@cs.rh.com.au
Shirley Tse 0404 781 288
Shirley.tse@cs.rh.com.au
Paul Milkovic 0402 420 666
Paul.milkovic@cs.rh.com.au
31 Majors Bay Road, Concord NSW 2137
Call Paul Pettenon on
0411180290
Call Shirley Tse on
0404781288
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