Stone Real Estate is pleased to present 198-206 St Johns Road, Glebe for sale.

A multitenant investment across a substantial site, the property offers a unique opportunity for investors and developers seeking income security with value-add potential.

With a net lettable area of 1,303sqm* on a generous 959.5sqm landholding, the asset provides diversified income streams with strong upside through leasing or redevelopment.

Located in the heart of Glebe, within the E1 – Local Centre zoning under the Sydney Local Environmental Plan 2012, the property benefits from excellent exposure, strong local amenity, and close proximity to Sydney CBD, major universities, and key transport connections.

Key Highlights:

- 1,303 sqm of net lettable area
- Corner position with substantial landholding of 959.5sqm*
- Diverse tenancy mix including retail, office & residential, generating multiple income streams
- Current net income of $564,153 per annum*
- Basement parking for 28 car spaces
- E1 Local Centre zoning & 12m height limit
- Strong location within the City of Sydney LGA, close to transport, retail, and universities
- Within an innovative precinct led by the NSW government

Please contact the listing agent for further details.