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16 Queen Street, GLEBE, NSW, 2037
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16 Queen Street, GLEBE, NSW, 2037

2. Property Highlights

Entire Boutique Apartment Block - Fully Leased Investment
  • Net passing Income $101,000* per annum
  • Rear lane access and parking for 2 cars

X MARKS THE SPOT

16 Queen St represents an excellent and rare opportunity to acquire a residential freehold investment in one line, within walking distance to Broadway shopping center. Positioned in the heart of Glebe, moments from Glebe Point Rd, Sydney University & UTS, Sydney Fish Markets and a 2km from Sydney CBD with multiple transport options within walking vicinity.

Current improvements comprise a three level building consisting of a ground floor studio apartment and office with rear lane access and parking for 2 cars and 2 double story 1 bedroom apartments with large balcony's.

THE KEY X-FACTORS OF 16 QUEEN STREET INCLUDE:

- Net passing Income $101,000* per annum

- Modern appliances and finishing's with reverse cycle air conditioners

- 1x studio apartment, 2x 1 bedroom apartments and a small commercial office

- Rear lane access and parking for 2 cars

- Walking Distance to Broadway and Universities

- 439sqm* of existing building on 152sqm* Site

- 2km from Sydney CBD

(*Approx.)

For more information, please contact the exclusive selling agents:

Lachlan Palm - 0431 723 010

Daniel O'Brien - 0404 860 747

Remember to mention you found this property on CommercialReady.com.au

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Lachlan Palm
Lachlan Palm
+61 *** *** *** show +61 431 723 010
Daniel O'brien
Daniel O'brien
+61 *** *** *** show +61 404 860 747

3. Property Location

16 Queen Street, GLEBE, NSW, 2037

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4. Due Diligence

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16 Queen Street, GLEBE, NSW, 2037 Glebe
X Commercial - South Sydney
X Commercial - South Sydney
Suite 10.01, 289 King Street, Mascot, NSW, 2020
Lachlan Palm
Lachlan Palm
+61 *** *** *** show +61 431 723 010
Daniel O'brien
Daniel O'brien
+61 *** *** *** show +61 404 860 747
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