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Investment Highlights

  • Three-story commercial building featuring ground-floor retail and upper-level office spaces.
  • Positioned on Glebe Point Road, offering strong street presence in a vibrant inner-city precinct.
  • Located within the iconic Valhalla Building, a former cinema repurposed into a creative commercial hub.
  • Excellent connectivity to Sydney CBD, Central Station, light rail, and major transport routes.

Executive Summary

The Valhalla Building at 166-166D Glebe Point Road, Glebe, is a three-story commercial property that combines heritage character with modern functionality. Originally constructed as a cinema, the building has been thoughtfully repurposed into a mixed-use commercial hub, featuring ground-floor retail tenancies and office spaces across the first and second floors. This landmark property is positioned along Glebe Point Road, one of Sydney’s most vibrant inner-city corridors, known for its eclectic mix of dining, retail, and cultural amenities. The building offers shared facilities, including a rooftop area that provides additional breakout space and city views, enhancing the overall work environment for occupants. Strategically located in the city fringe, the Valhalla Building benefits from excellent connectivity to Sydney CBD, Central Station, and major transport links, including light rail and bus services. Its proximity to key business districts, universities, and lifestyle amenities makes it a sought-after address for creative enterprises, professional services, and specialty retailers.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 104
  • 290 SF
  • Office
  • Upon Request
  • -
Sale Type Investment or Owner User
Description
Suite 104 is located within the Valhalla Building at 166 Glebe Point Road, Glebe, New South Wales. This strata-titled office unit measures approximately 27 square meters and forms part of a converted building originally constructed as a cinema. The structure has been adapted for commercial and creative office use.
The unit includes access to shared meeting rooms and a common terrace as part of the building’s common property. Building amenities also include a ducted air conditioning system and communal facilities. The property is situated along Glebe Point Road, an established thoroughfare in the suburb of Glebe that provides access to local retail, dining options, and service amenities. The location allows for connectivity to the Sydney central business district and transport hubs, including Central Station, as well as multiple public transportation options and arterial roads.
Sale Notes
Positioned in the architecturally unique Valhalla Building on Glebe Point Road, this modern creative office offers an exceptional opportunity for an owner-occupier or investor seeking strong long-term potential within Sydney’s inner fringe market. The property delivers a boutique workspace tailored to small businesses who value flexibility and a professional environment.
Located within minutes of the Sydney CBD and Central Station, the property benefits from seamless connectivity through major city transport links, providing accessibility for staff and clients alike. The vibrant Glebe neighborhood boasts an eclectic mix of cafes, shops, and essential services, offering a lively atmosphere for daily business activities.
The Valhalla Building, once a prominent cinema, has been thoughtfully redeveloped into a collaborative commercial hub designed to foster creativity and connectivity. This strata office includes access to shared meeting rooms and a common terrace that enhances workplace functionality. Complete with ducted air conditioning, contemporary finishes, and a vibrant surrounding precinct, this opportunity suits entrepreneurs, consultants, and creative professionals seeking a distinctive business address.
  • Unit 308
  • 559 SF
  • Office
  • $539,088 CAD ($964.38 CAD/SF)
  • -
Sale Type Investment or Owner User
APN/Parcel ID CP/SP81303
Description
This office condominium comprises 52 m² of internal space within a multi-level commercial building. It features an open-plan configuration, ducted air conditioning, and a kitchenette with integrated appliances. The suite is part of the Valhalla Building, a former cinema converted into a mixed-use complex with creative office tenancies. Common amenities include a rooftop terrace accessible to occupants. The property is located on Glebe Point Road in Glebe, NSW, within close proximity to public transport and local amenities.
Sale Notes
Suite 308 at 166-166D Glebe Point Road offers a boutique office condominium within the renowned Valhalla Building, a heritage property reimagined as a creative business hub. Spanning 52 m², this strata-titled suite provides a functional open-plan layout complemented by modern finishes, ducted air conditioning, and a kitchenette equipped with a dishwasher and fridge. The property is delivered with vacant possession, making it an attractive option for owner-occupiers or investors seeking a ready-to-use workspace in a high-demand location.

The Valhalla Building’s unique character and central position on Glebe Point Road create a distinctive setting for businesses in design, media, and professional services. The property benefits from access to a shared rooftop area, offering additional breakout space. Its location ensures excellent connectivity, with Central Station, light rail, and major arterial routes nearby, while the surrounding precinct provides abundant cafes, retail, and essential services. This offering combines the appeal of a creative environment with the security of strata ownership, presenting a compelling opportunity in Sydney’s city fringe market.
Unit Unit Size Condo Use Price NOI
Unit 104 290 SF Office Upon Request -
Unit 308 559 SF Office $539,088 CAD ($964.38 CAD/SF) -

Unit 104

Unit Size
290 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 308

Unit Size
559 SF
Condo Use
Office
Price
$539,088 CAD ($964.38 CAD/SF)
NOI
-

Unit 104

Unit Size 290 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment or Owner User
Description
Suite 104 is located within the Valhalla Building at 166 Glebe Point Road, Glebe, New South Wales. This strata-titled office unit measures approximately 27 square meters and forms part of a converted building originally constructed as a cinema. The structure has been adapted for commercial and creative office use.<br> The unit includes access to shared meeting rooms and a common terrace as part of the building’s common property. Building amenities also include a ducted air conditioning system and communal facilities. The property is situated along Glebe Point Road, an established thoroughfare in the suburb of Glebe that provides access to local retail, dining options, and service amenities. The location allows for connectivity to the Sydney central business district and transport hubs, including Central Station, as well as multiple public transportation options and arterial roads.</li></ul>
Sale Notes
Positioned in the architecturally unique Valhalla Building on Glebe Point Road, this modern creative office offers an exceptional opportunity for an owner-occupier or investor seeking strong long-term potential within Sydney’s inner fringe market. The property delivers a boutique workspace tailored to small businesses who value flexibility and a professional environment.<br> Located within minutes of the Sydney CBD and Central Station, the property benefits from seamless connectivity through major city transport links, providing accessibility for staff and clients alike. The vibrant Glebe neighborhood boasts an eclectic mix of cafes, shops, and essential services, offering a lively atmosphere for daily business activities.<br> The Valhalla Building, once a prominent cinema, has been thoughtfully redeveloped into a collaborative commercial hub designed to foster creativity and connectivity. This strata office includes access to shared meeting rooms and a common terrace that enhances workplace functionality. Complete with ducted air conditioning, contemporary finishes, and a vibrant surrounding precinct, this opportunity suits entrepreneurs, consultants, and creative professionals seeking a distinctive business address.</li></ul>

Unit 308

Unit Size 559 SF
Condo Use Office
Price $539,088 CAD ($964.38 CAD/SF)
NOI -
Sale Type Investment or Owner User
APN/Parcel ID CP/SP81303
Description
This office condominium comprises 52 m&#178; of internal space within a multi-level commercial building. It features an open-plan configuration, ducted air conditioning, and a kitchenette with integrated appliances. The suite is part of the Valhalla Building, a former cinema converted into a mixed-use complex with creative office tenancies. Common amenities include a rooftop terrace accessible to occupants. The property is located on Glebe Point Road in Glebe, NSW, within close proximity to public transport and local amenities.</li></ul>
Sale Notes
Suite 308 at 166-166D Glebe Point Road offers a boutique office condominium within the renowned Valhalla Building, a heritage property reimagined as a creative business hub. Spanning 52 m&#178;, this strata-titled suite provides a functional open-plan layout complemented by modern finishes, ducted air conditioning, and a kitchenette equipped with a dishwasher and fridge. The property is delivered with vacant possession, making it an attractive option for owner-occupiers or investors seeking a ready-to-use workspace in a high-demand location.<br> <br> The Valhalla Building’s unique character and central position on Glebe Point Road create a distinctive setting for businesses in design, media, and professional services. The property benefits from access to a shared rooftop area, offering additional breakout space. Its location ensures excellent connectivity, with Central Station, light rail, and major arterial routes nearby, while the surrounding precinct provides abundant cafes, retail, and essential services. This offering combines the appeal of a creative environment with the security of strata ownership, presenting a compelling opportunity in Sydney’s city fringe market.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 33,497 SF
Property Type Office
Building Class C
Floors 4
Typical Floor Size 8,633 SF
Lot Size 0.22 AC
  • Listing ID: 39997351

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 166 Glebe Point Rd, Glebe, NSW 2037

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