This substantial three level commercial / residential building offers investors a reliable and immediate yield with fantastic future potential for further improvements and capital growth. Enjoying a prominent position in the heart of Glebe Village, the property is fully leased on a secure long term tenancy to a vibrant well established restaurant. A separate 2 bedroom residence provides a second rental income or options for a home / investment.

*Secure long term commercial tenant plus two bed residence
*Current net income approx. $94,000 per annum
*241sqm land with RLA parking for 3-4 cars
*DA approved plans for additional residential level
*Prominent street frontage, potential city views