9/2-12 Glebe Point Road

Glebe NSW 2037

Stone Real Estate is pleased to present Shops 9A & 9B, 212 Glebe Point Road, Glebe a tightly held inner-city commercial opportunity offering the unique combination of an established tenant in Shop 9B and vacant possession of Shop 9A.Positioned within the landmark University Hall complex, this dual retail holding is ideally located at the intersection of Glebe's vibrant village precinct, Broadway's major retail and education hub and the Sydney CBD.For investors, the property offers an existing income stream with additional upside from the adjoining vacant shop. For owner-occupiers, Shop 9A provides the opportunity to establish a business or professional operation while retaining an income-producing commercial asset next door.PROPERTY HIGHLIGHTS* Two adjoining ground-floor retail strata lots* Shop 9A vacant possession* Shop 9B currently leased and occupied by an established caf operator* Strong existing caf and takeaway positioning* Rare opportunity to acquire two retail lots together* Highly versatile investment and owner-occupier proposition* Located within the iconic University Hall building* Prominent position within the Glebe Point Road precinct* Moments from Sydney University, UTS and Broadway Shopping Centre* Opposite Victoria Park* Close to Glebe Markets* Excellent public transport connectivity* Short distance to Central Station and Sydney CBD* Strong surrounding residential, student, education and employment catchmentTHE INVESTMENTThe property presents an attractive combination of secure existing occupation and vacant possession.Shop 9B is currently occupied by a caf tenant, providing an existing commercial income component to the holding.Shop 9A is offered with vacant possession, providing the purchaser with immediate flexibility to:Occupy | Lease | Reposition | InvestThe ability to acquire both shops together provides a purchaser with greater strategic flexibility than a conventional single-shop investment.The lease documentation supplied for Shop 9B identifies caf and takeaway as the permitted use, supporting the property's established food and beverage profile. Current lease terms, rental and expiry should be confirmed as part of the purchaser's due diligence.The property also benefits from the opportunity to utilise approximately 100 sqm of adjoining Council outdoor seating area at no additional cost, providing a significant advantage for hospitality operators and enhancing the property's outdoor dining potential.ICONIC UNIVERSITY HALLThe property forms part of University Hall, one of Glebe's most recognisable heritage buildings.The building at 212 Glebe Point Road is also identified as 281285 Broadway and is listed on the NSW State Heritage Register as University Hall and Cottages. It is also listed as Item 665 University Hall including interior under the Sydney Local Environmental Plan and sits within the Glebe Point Road Conservation Area.This distinctive heritage setting provides a character and identity rarely found in modern strata retail investments.PREMIER GLEBE LOCATIONFew inner-city locations offer such a diverse and established customer catchment.The property is positioned within easy reach of:* University of Sydney* University of Technology Sydney* Broadway Shopping Centre* Victoria Park* Glebe Markets* Royal Prince Alfred Hospital* Glebe Point Road's established caf and dining strip* Central Station* Sydney CBDThe surrounding University Hall complex is well established, with residential accommodation above and commercial uses at ground level. Other retail properties within the building have been marketed for their proximity to Broadway Shopping Centre, Sydney University, UTS, Central Station and Victoria Park.The location benefits from a combination of high-density residential accommodation, university students, professionals, local residents, visitors and significant daily pedestrian and public transport activity.Every effort has been made to ensure the accuracy of the measurements and information provided. However, prospective purchasers should make their own enquiries and verify all measurements and details with an appropriately qualified independent professional.Contact Dean Haustead on 0416 287 557 for more information