I.B Property is pleased to offer an exciting leasing opportunity within the upcoming community housing development located at 1731 Cowper Street, Glebe.
The 180sqm space is ideally suited for a local community group, service or institution looking to establish a presence in this vibrant and growing community.
With an anticipated completion date in 2024, this community housing development is set to house approximately 130 new social housing tenants. We are seeking expressions of interest from aligned and/or not-for-profit organisations who may be interested in renting and fitting out the space with the aim of creating great social housing outcomes for tenants and improved social outcomes for the broader community.
Bridge Housing will discount the rent through non-cash incentives based on a sliding scale of between 25% to 85% of market rent as determined by an independent valuer, with the discount adjusted based on the potential community need/ outcomes to be delivered by the organisation and quality of fit out.
Expressions of Interest process, closing on Thursday 31st August 2023 at 4pm.
For more information, the Expressions of Interest form and access to the Due Diligence link, please contact the exclusive leasing agents.
The size of Glebe is approximately 1.7 square kilometres. There are 14 parks, covering nearly 17.1% of the total area. The population of Glebe in 2016 was 11532 people. By 2021 the population was 11680 showing a population growth of 1.3% in the area during that time. The predominant age group in Glebe is 20-29 years. Households in Glebe are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glebe work in a professional occupation.In 2021, 35.10% of the homes in Glebe were owner-occupied compared with 34.80% in 2016.
Glebe has 8,007 properties. Over the last 5 years, Houses in Glebe have seen a 25.74% increase in median value, while Units have seen a 15.17% increase. As at 30 April 2026:
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