Presenting a rare opportunity to acquire a highly sought-after two-level commercial property in the vibrant and dynamic city fringe of Glebe. Located at 170 St Johns Road, this B1 Neighbourhood Centre zoned property offers a blend of retail and residential spaces with a secure and impressive rental return of $135,000 per annum. The owner is ready to sell, making this a prime investment for discerning buyers.
Property Highlights:
Land Area: 139m²
Building Area: 161m² (approx.)
Rental Return: $135,000 per year
Zoning: B1 Neighbourhood Centre
Building Height: Maximum of 12m
Parking: 4 car spaces accessed via rear lane
Key Features:
1. Ground Floor Retail Space:
o Approx. 65m² of high-profile, well-exposed commercial space with excellent frontage to St Johns Road.
o Ideal for retail, dining, or office use, situated in a busy boutique retail and dining strip.
2. Ground Floor One-Bedroom Self-Contained Apartment:
o Separate private entrance, offering flexibility for additional rental income or owner-occupiers.
3. First Floor Three-Bedroom Apartment:
o Spacious, stylishly renovated, and filled with natural light.
o Modern European-style kitchen, renovated bathroom, and internal laundry.
o Living room/3rd bedroom opens onto a North-facing balcony.
o Separate access via the rear of the building.
4. Prime Location:
o Moments from Broadway Shopping Centre, Sydney University, and Glebe Markets.
o Easy access to Sydney CBD (3.6 km), and public transport links.
o Close to specialty shops, cafes, restaurants, and entertainment hubs.
o Surrounded by high-demand retail and residential properties.
Investment Potential:
This mixed-use property presents an excellent opportunity for investors seeking a diversified income stream, or for owner-occupiers looking to live above their business. The combination of ground floor retail space, residential apartments, and the generous 4-car parking makes this property highly attractive.
Location:
900m to Broadway Shopping Centre
400m to Sydney University
3.6km to Sydney CBD GPO
Close to hospitals, transport, and schools.
This property is strategically located in a prime, highly sought-after retail strip, offering a rare opportunity in a high-growth area. The attractive combination of commercial and residential space, along with its unbeatable location, ensures long-term capital growth and high rental yields.
Don't miss out on this exceptional investment or owner-occupier opportunity. Contact us today for more information or to arrange a private inspection.
