287 Broadway Glebe, NSW 2037


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Property Details

Property Description

Two Dwellings, Double Income Opportunity

This truly rare investment opportunity offers savvy buyers the chance to secure a fully-leased, multi-storey commercial and residential dual property with frontage to iconic Broadway, one of Sydney’s best known and sought-after strips.____Generate immediate returns diversified between the commercial and residential buildings and secure an investment in the heart of Glebe, the ever-popular fringe CBD market home to white collar professionals, service providers, key workers, academics and students in a vibrant social scene.____287 Broadway in Glebe is securely tenanted to a massage parlour, returning $2793.82 GST per month, and is offered with the advantage of a rear residential premises which was leased for $550 per week in rent.____With a B2 zoning and two car spaces, this mixed-use investment opportunity comes with plenty of options. There is considerable scope to renovate and improve the commercial premises to increase returns and the residential premises is currently in pristine condition, providing additional security. ____With its unparalleled convenience, Broadway is extremely tightly held, making this dual property a real rarity with true upside. __

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  • Retail
  • 2 Com Car Spaces

Suburb Profile

Showcasing a prominent local presence in Glebe and a team illustrating rich and accumulative experience, Laing+Simmons offers an unrivalled calibre of personal attention. Established with a focus on delivering a personal and customised service, our commitment to honesty, integrity and professionalism is reflected in our strong sales history and industry reputation in Glebe and surrounding suburbs.

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