Find your property with Green St
We work with property owners, buyers and residents to find, nurture, grow and protect investments
Occupying pride of place in one of the cities most sought after and tightly held locations this offering represents a rare opportunity for any commercial business in Newcastle.
Previously a long-term family business of 40 years, 53 Glebe Road resides in a commercial hot spot and is moments away from a variety of well know dining and shopping destinations.
Suitable for hospitality uses. Freestanding with easy access and drive through driveway, this property is situated on a corner block (Glebe Road and Watkins St) and has the potential for heavy foot traffic. Featuring glass windows around the entire corner which contribute to an enhanced patron experience, the site also contains separate male and female amenities/bathrooms and a variety of rooms which are wet-floor prepared.
With a total of 5 rooms, 53 Glebe Road is now ready for occupation.
Owner is currently upgrading electrical and external painting of existing premises.
Newcastle Council Rates: $6,561.00
Hunter Water: $975.00 plus usage
Land Value for Land Tax: $840,000
Total Outgoings Estimate: $12,466.00
The property is situated on the northwestern corner of Llewellyn and Dent Street, Merewether.
The site is shared with the Merewether Post Office. The building is brick with terracotta tile roof. It comprises an attractive undercover colonnade area that provides entry to the vacant site. The windows comprise timber-framed glass and glass bricks which contribute to privacy. The portico area is finished in terracotta pavers and there are 4 columns which give the building a stylish look.
The vacant site features both front and rear access, a large reception and generous waiting area, an open plan work area and archive storage, one executive office, a meeting room kitchen/lunchroom and a toilet. The space features good natural light enhanced by the glass brick windows in addition to other timber-framed windows, carpet and granite tiles, air conditioning and convenient access to the rear car park.
The owner/lessor is open to alterations within the property to personalise the space to your needs.
Estimate Outgoings are shown at 55% share
Newcastle Council Rates: $8,470.00
Hunter Water: $1,072.50 plus usage
Land Tax: $2,378.00
Total Outgoings Estimate (Office 1 are $14,259.85)