Glebe 189-189b ST JOHNS ROAD

Community Style Warehouse Conversion Opportunity

Introducing this extraordinary warehouse opportunity in Glebe. Within the boundaries lie three self-sufficient buildings currently occupied by a co-working art business.

Comfortably positioned near the corner of Ross & St Johns Road, with ample cafe’s, restaurants & bars all within walking distance. Continue 10 minutes along St Johns Road and you’ll find yourself on Glebe Point Road, which has a rare number of local eateries, wine bars, markets & dining services. Sydney University & Victoria Park both within a proximity, not to mention Parramatta Road a mere 4-minute walk away with access to bus services which will connect to Sydney’s west & central CBD. Featuring a B1 Neighbourhood zoning, easily adaptable to several businesses including creative office, childcare, retail, medical and more.

Features include:
- Tenanted Investment with holding income of $317,454.72 Per Annum Gross + GST
- Secure 2 x 2-year lease with creative business
- Huge 811.9 sqm site with 11,64 sqm of useable floor area
- Warehouse style offering with exposed ceilings & original timber beams throughout
- Future development options with 9 Metre height limit & flexible E1 zoning

Floor Area Breakdown:
Building 1 - 405.5 sqm
Building 2 - 573 sqm
Building 3 - 186.1 sqm
Total Floor Area - 1,164.6 sqm

To be sold in one line.

For more information or to inspect this property, feel free to give Deans Property a call today!

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