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22-24 King Street
Newtown NSW 2042
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Sold on 11 Apr 2012

22-24 King Street Newtown NSW 2042

  • Shop & Retail
  • 140 m²
  • Sold

FULLY LEASED RETAIL INVESTMENT

2 X 2 STOREY SHOPS ON PROMINENT CORNER LOCATION
The whole property is rented to one long term tenant.
This is a rare opportunity for an investor to acquire 2 well positioned retail properties in Sydney's busy and ever popular King Street retail strip. The two shops have been combined to form a spacious restaurant with upstairs function rooms. Floor space/building area is 240 sqm approx. NOTE: Leased at $125,000 per annum GST on a 5 year lease with a 5 year option with rent reviews annually.
Please note each shop and residence is on a separate title adding to its capital growth potential

Property Highlights

Date Sold11 Apr 2012
Floor AreaAsk Agent
Land Area140 m²
ParkingAsk Agent
Property ID2009670092
Category
Last updated  6 Mar 2013
Map for 22-24 King Street Newtown NSW 2042

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Property Highlights

Date Sold11 Apr 2012
Floor AreaAsk Agent
Land Area140 m²
ParkingAsk Agent
Property ID2009670092
Category
Last updated  6 Mar 2013

Listed by

Kellys Property
Call
02 9519 4055

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