Feel inspired when you inspect this opulent, double fronted, spacious three level terrace etched in history with handy rear lane access for two cars. Perfectly positioned right amongst the colourful hustle along Glebe Point Road, grandly standing tall whilst quietly commanding many customers.
This property blends old style charm with a touch of modern. Boasting high ceilings, fireplaces, timber floor boards, period features and sash timber windows at the front whilst capturing amazing views out to Sydney’s city skyline from floor to ceiling bespoke windows at the rear of the restaurant. The two upper levels are predominantly dining space with a large commercial style kitchen and two bathrooms. Below is the basement used for storage leading to a small courtyard and the rear lane.
Built as two separate homes originally and with use rights as a restaurant, the space is also fit a for a myriad of commercial/residential uses and scope to increase building area significantly (STCA). This property has just become vacant creating an opportunity to move your business straight in or rent out and enjoy the solid income this property attracts on the main street of Glebe.
Close to schools, shops, parks and city transport.
|R&H Suburb Summary||Houses|
|Number of sales||61|
|Median Rental Price||$900 p.w.|
|Change in Rental Rate (5yr)||16 %|
|R&H Suburb Summary||Units|
|Number of sales||75|
|Median Rental Price||$550 p.w.|
|Change in Rental Rate (5yr)||15 %|