81-83 Glebe Point Road Glebe NSW 2037

Stone Commercial Presents 335-341 Glebe Point Road, Glebe for Sale.

Seize the chance to acquire two highly sought-after freehold properties, ideally positioned in the heart of the bustling retail and commercial village of Glebe. With outstanding development potential, complimented by Soaring City Views from the North-eastern aspect of the building. This property is perfect for shrewd investors and/or developers looking to capitalize on a prime commercial opportunity.

Key Features & Highlights:

· Prime Location: Situated among Glebe's popular eateries and
retail/commercial precinct

· Two Prominent Freehold Properties with separate commercial and residential
tenancies

· Rear Lane Access with 12 open car parking spaces + 2 secure car spaces

· Three-Level Structure: North-eastern side of the building with 3 levels

· Soaring City Views from the North-eastern facing aspect of the building

· Development Potential: Apartment development complex (STCA)

· Land Area: 562.3m² (278.6m² + 283.7m²)*

· Street Frontage: 13.2m*

· FSR (Floor Space Ratio): 1.5:1

· Maximum Height: 9m

· Current Floor Area: 400m²*

· Zoning: E1 Local Centre

· Ground Floor: Commercial and retail space

· First Floor: Two large 2-bedroom residential units

· Potential Holding Income: $200,000 per annum*

· Additional Development Bonus (Subject to government approval):

- Up to 30% bonus FSR

- Height bonus of up to 30% with a proposal including at least 15% affordable
housing (subject to government approval)

· Close proximity to key amenities:

- Sydney CBD, Broadway Shopping Centre, Newtown, and Glebe town centres

- Educational establishments, hospitals, shops, cafes, restaurants, and bars

- Arterial roadways and excellent public transport options

Located in the heart of Glebe, a vibrant and sought-after area, these properties offer exceptional potential for both immediate returns and future growth. With a dynamic blend of commercial and residential spaces, it sits amidst a thriving community, providing the perfect setting for both retail and residential development.

For more information or to arrange an inspection, contact the listing agents.

*approximate.