613 King St, NEWTOWN NSW 2042
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- Retail, Medical / Consulting, Offices
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- 2 x Onsite parking
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- 22 Aug 2016
Sold By TEAM KELLY 02 9519 4055
A 2 storey retail shop containing 3 bedrooms, huge lounge room, office, 2 bathrooms, 2 toilets with off street rear parking for 2 cars. This property offers enormous growth potential and loads of possibilities to improve or redevelop.
High exposure position with a huge frontage of 5 metres (approx.) to iconic' King Street Newtown. Containing a total gross floor space of approximately 240sqm and a massive land area of some 200sqm(approx.) This is a tremendous opportunity for an astute investor, owner occupier to secure this valuable retail/residential property. Floor Space Ratio (FSR) 1.5 to 2.0 Allowable building floor space ranges from 300sqm to 400sqm approx. Maximum Building height limit 14 metres or 4 floors. Zoned B2 Local Centre. Numerous possible uses eg. retail, mixed residential and commercial uses etc. STCA. Land size 5.1M X 38.4M approx. This property ticks all the boxes!
OPEN TIMES: Tuesday, Thursday, Saturday @ 12noon to 12:45pm.
CONJUNCTION AGENT: VICTOR KELLY PTY LTD 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
613 King St NEWTOWN