480 King Street, NEWTOWN NSW 2042
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- Retail, Medical / Consulting, Showrooms / Bulky Goods
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- 2 x Onsite parking
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- 13 Oct 2016
RETAIL INVESTMENT ON KING
An unique opportunity for an investor to purchase this budget price retail property Vendors require a definite sale. This property is situated in Newtowns dynamic shopping strip of King Street and surrounded by established traders. This valuable retail property is 273 sqm approx. has an ultra-modern fit out with superb finishes and high quality fittings. An enormous frontage of 30 metres approx. with floor to ceiling glass panel shop front enjoying exceptional street exposure. Boasting an alfresco dining area. This property also contains separate male/female amenities, commercial kitchen, bar and 2 secure car spaces.
The shop is currently operating as a restaurant cafe and licensed bar on a long term lease. This quality investment property is currently returning approx $115,487 per annum incl. GST.
Newtown is a unique marketplace due to its high volume of pedestrian traffic. The perfect place to invest. AUCTION (If not sold prior)
PROUDLY OFFERED IN CONJUNCTION WITH VICTOR KELLY PTY LIMITED 0419 212 810
1 Bligh street, SydneyGrade A
Building AmenitiesAvg. rent (net):$800 - $1000Avg. outgoings:$162Vacancy rate:13.5%Data from Colliers Edge.For information click hereMajor TenantsNabers energyAdditional information
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19/11/2016 12:00:00 Add to Calendar
480 King Street NEWTOWN