Cushman & Wakefield’s National Investment Sales team is pleased to present to the market 246 Glebe Point Road, Glebe (Sydney) for Sale via Offers to Purchase.
The property has the following key characteristics:
- Dental Corporation – Wholly owned subsidiary of BUPA, an international healthcare partner to 13+ million people across 190 countries with 800 dental clinics globally
- Longstanding medical tenant, dental clinic for 35+ years
- Prominent main road freehold investment comprising a ground floor dental clinic & 3 residential apartments
- Significant Sydney land holding with rear lane access & on-site undercover parking
- Premium Inner-West Sydney location, 3 kms from the CBD. In close proximity to Broadway & multiple prestigious universities
- Significant tenant fit out with high quality medical grade dentistry equipment and fittings
- Fully leased mixed-use freehold investment with strong occupancy history
- Secure diverse income steams with potential future rental uplift
- Net Income $166,429 pa + GST
The investment is for sale by way of Offers to Purchase. Should you hold further interest in the asset please contact the exclusively appointed Cushman & Wakefield property professionals.