Grand Victorian Terrace – First Time Offered in Over 40 Years

  • For Sale $3,450,000
361 Glebe Point Road, Glebe NSW
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Grand Victorian Terrace – First Time Offered in Over 40 Years
361 Glebe Point Road, Glebe NSW
  • For Sale $3,450,000

Description

Grand Victorian Terrace, Configured As 7 Apartments Proven Investment For 40 Years

“CARLYLE c.1883”

Presenting a rare opportunity to acquire “CARLYLE,” a grand and gracious Victorian terrace offered for the first time in 40 years. Currently configured as seven fully self-contained, character-filled apartments, each on residential agreements, this property is conveniently located on cosmopolitan Glebe Point Road, providing immediate access to transport, cafes, and eateries. This delightful inner-west location offers both a proven and secure income stream or the potential to convert back to a grand single residence.

  • Proven Rental Income – Gross Annual Rent of $150,280 based on full occupancy
  • Versatile configuration – 4 x one-bedroom and 3 x studio apartments, all separately metered
  • Timeless Victorian charm – High ornate ceilings and original period details throughout
  • Exceptional Investment potential – Strong rental returns with scope for value-add enhancements
  • Prime inner-city block – 271 sqm with rear lane access via Arden Lane, potential for car access (STCA)


This is a rare opportunity to secure a well-positioned Victorian terrace in a sought-after inner-west location. With a strong rental return and potential for future enhancements or conversion, “CARLYLE” offers versatility for investors and owner-occupiers alike.

Details

Updated on February 15, 2025 at 1:22 pm
  • Property ID: DET-13336
  • Price: For Sale $3,450,000
  • Land Area: 271 m²
  • Bedrooms: 7
  • Bathrooms: 7
  • Property Type: Apartment, Boarding house, House, Terrace
  • Property Status: Commercial Sales, Residential Sales

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Dominic D’Ettorre
  • Dominic D’Ettorre