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DESCRIPTION:Landmark Corner Freehold With Future Upside\nRich in character
  and street presence\, the property showcases classic period architecture
 \, original detailing and expansive frontages to both King Street and Dic
 kson Street. Generous internal areas\, excellent natural light and a high
 ly adaptable layout create a rare opportunity to acquire a substantial mi
 xed-use asset with significant future potential.\n\nPositioned on a comma
 nding corner landholding within Newtown's iconic King Street precinct\, t
 he property combines scale\, flexibility and long-term upside in one of S
 ydney's most vibrant lifestyle and commercial destinations.\n\nOccupying 
 approximately 333sqm of land with rear lane access via King Lane\, the pr
 operty is currently configured as two ground floor retail/commercial shop
 s with three separate residences above\, providing diversified income tog
 ether with multiple future pathways for investors\, owner occupiers and d
 evelopers.\n\nThe property is zoned E1 Local Centre\, permitting a broad 
 range of retail\, commercial\, creative and residential uses (STCA)\, fur
 ther underpinning its long-term appeal.\n\nPositioned moments from Newtow
 n Station\, St Peters Station and Sydney Park\, the property benefits fro
 m outstanding connectivity to the Sydney CBD\, Sydney Airport and the bro
 ader metropolitan area via King Street\, Princes Highway\, City Road\, We
 stConnex and the M8 motorway network.\n\nKey Features\n- Corner landholdi
 ng with rear lane access via King Lane\n- Building area of approximately 
 440sqm\n- Two ground floor retail/commercial shops with three residences 
 above\n- Garage parking for approximately five vehicles\n- Existing incom
 e with future value-add potential\n- Character-filled improvements with e
 xceptional street presence\n\nAuction details:\nVenue: AuctionWorks: 50 M
 argaret Street\, Sydney NSW 2000\nDate: Tuesday 30th June 2026\nTime: 10:
 30am
DTEND:20260630T113000
DTSTAMP:20260605T091800Z
DTSTART:20260630T103000
LOCATION:559 & 561 King Street\, Newtown NSW
SEQUENCE:0
SUMMARY:Auction: 559 & 561 King Street\, Newtown NSW
UID:CRE-2020897600-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>Landmark Corner Freehold With Futur
 e Upside <br/> Rich in character and street presence\, the property showc
 ases classic period architecture\, original detailing and expansive front
 ages to both King Street and Dickson Street. Generous internal areas\, ex
 cellent natural light and a highly adaptable layout create a rare opportu
 nity to acquire a substantial mixed-use asset with significant future pot
 ential. <br/>  <br/> Positioned on a commanding corner landholding within
  Newtown's iconic King Street precinct\, the property combines scale\, fl
 exibility and long-term upside in one of Sydney's most vibrant lifestyle 
 and commercial destinations. <br/>  <br/> Occupying approximately 333sqm 
 of land with rear lane access via King Lane\, the property is currently c
 onfigured as two ground floor retail/commercial shops with three separate
  residences above\, providing diversified income together with multiple f
 uture pathways for investors\, owner occupiers and developers. <br/>  <br
 /> The property is zoned E1 Local Centre\, permitting a broad range of re
 tail\, commercial\, creative and residential uses (STCA)\, further underp
 inning its long-term appeal. <br/>  <br/> Positioned moments from Newtown
  Station\, St Peters Station and Sydney Park\, the property benefits from
  outstanding connectivity to the Sydney CBD\, Sydney Airport and the broa
 der metropolitan area via King Street\, Princes Highway\, City Road\, Wes
 tConnex and the M8 motorway network. <br/>  <br/> Key Features <br/> - Co
 rner landholding with rear lane access via King Lane <br/> - Building are
 a of approximately 440sqm <br/> - Two ground floor retail/commercial shop
 s with three residences above <br/> - Garage parking for approximately fi
 ve vehicles <br/> - Existing income with future value-add potential <br/>
  - Character-filled improvements with exceptional street presence <br/>  
 <br/> Auction details: <br/> Venue: AuctionWorks: 50 Margaret Street\, Sy
 dney NSW 2000 <br/> Date: Tuesday 30th June 2026 <br/> Time: 10:30am</P><
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