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Vacant former restaurant in Glebe hits the market

A terrace set up as a restaurant in the heart of Sydney that last sold for $306,667 is set to go under the hammer with a guide of $2 million.

The property at 207-209 Glebe Point Rd in Glebe is a double-fronted three level terrace built in the Italianate style.

Run originally as a Vietnamese restaurant back in 1999, it was then rented out to tenants such as Alfie and Hetty Restaurant and Darbar.

The vacant property has many of the original features including high ceilings, fireplaces, timber floorboards and its façade.

On two separate titles, the property is currently configured as a restaurant, with the main floor having a large commercial kitchen and two bathrooms. The upper level is set out as a dining room with city views, while the basement is used for storage and leads out to a small courtyard.

Listing agent Michael Montano of Raine and Horne Commercial is taking the property to auction on November 17.

 

 


Sheridan Randall, 26th October 2018