An exceptional opportunity to secure a two-storey freehold property in the heart of Glebe's vibrant retail and dining precinct, moments from Broadway Shopping Centre and within easy reach of Sydney CBD.

Currently leased to a Japanese Restaurant, this property combines established rental income, a prominent street presence and future commercial or mixed-use potential (STCA). Offering flexibility for both investors and future owner occupiers, this property provides the opportunity to enjoy an established income stream today, with the potential to occupy and operate your own business from this prominent Glebe Point Road address in the future, subject to the existing lease and relevant approvals.

ABOUT THE PROPERTY

•Land area: Approx. 183.99 m²
•Building area: Approx. 155.00 m² across two levels
•Two storey freehold shop and residence
•Ground-floor restaurant with additional upstairs dining
•Grease trap, exhaust ventilation and cool room
•Rear laneway access, rear yard and parking for two cars
•Potential for future residential or mixed-use configuration (STCA)

TENANCY & INVESTMENT HIGHLIGHTS

•Established tenant: Japanese Restaurant
•Current passing rent: $99,300.36 p.a. incl. GST
•Indicative net income: $82,185.18 p.a. excl. GST, after estimated owner's outgoings
•Current lease expires 30 April 2027 and one remaining three-year option to 30 April 2030 – Lessee has indicated they wish to exercise the option
•Scheduled 3% annual rent increases during the option period
•Tenant contributes towards council rates, water rates, building insurance & land tax

LOCATION & CONNECTIVITY

Ideally positioned along Glebe Point Road, the property benefits from proximity to Sydney's major retail, education, employment and lifestyle destinations.
•Broadway Shopping Centre only moments away
•Sydney CBD, Darling Harbour and Sydney Fish Market within easy reach
•University of Sydney and UTS which is nearby
•Glebe Public School, Forest Lodge Public School and Sydney Secondary College Blackwattle Bay Campus within the surrounding area
•Convenient access to bus services, light rail and Central Station
•Parramatta Road and City West Link connections towards the Inner West and Parramatta
•Western Distributor and Sydney Harbour Bridge which gives great connections towards the North Shore
•Eastern Distributor and the M1 motorway network connections towards the Eastern Suburbs, Sydney Airport and southern Sydney

For further information or to arrange an inspection, contact Philipp Tsiprin on
0498 388 338

Disclaimer: All areas, income figures and outgoings are approximate or based on information supplied and should be independently verified. The 2025 statutory land value is not a market valuation. Lease terms and recoveries are subject to the executed lease and applicable legislation. Future use is subject to council approval (STCA).

Disclaimer – Digitally Enhanced & AI-Generated Images
Some photographs and visual materials used in this advertisement may have been digitally enhanced, modified, or generated using artificial intelligence (AI). These images are provided for illustrative and marketing purposes only and may not accurately reflect the property's actual condition, layout, dimensions, finishes, fixtures, furnishings, surroundings or views. Prospective purchasers should not rely solely on these images and are encouraged to conduct their own inspections and independent enquiries to verify all relevant property details before making any decisions.