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1/502 King Street
Newtown NSW 2042
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Sold on 20 Dec 2016

1/502 King Street Newtown NSW 2042

  • Shop & Retail
  • Sold

Strata Shop With Great Return

Centrally located amid Newtown’s active cafe and shopping precinct, this retail/commercial space offers a solid investment prospect with excellent rewards for buyers looking to capitalise on a great opportunity. It is presented in top condition and features 45 sqm internal area and a long term tenant providing excellent rental returns.

+ Securely tenanted with a lease term of five years
+ Currently earning rental of $35,000 PA plus GST
+ A well-proportioned open plan streetfront showroom
+ Reverse cycle air conditioning and good security
+ Occupied by a successful nail and beauty salon
+ Flanked by popular eateries and supporting businesses

This is an exceptional chance to secure a prime commercial space within 6 km of the CBD providing ease of access for customers with year-round pedestrian traffic.

Strata Rates: $1,192.00 per quater (approx)
Water Rates: $175.00 per quater (approx)
Council Rates: $225.00 per quater (approx)

To view or for further enquiries please contact Carl Mirabella 0414 914 948 carl.mirabella@lsre.com.au

Property Highlights

Date Sold20 Dec 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013175983
Category
Last updated  7 Dec 2016
Map for 1/502 King Street Newtown NSW 2042

Nearest transport* to 1/502 King Street Newtown NSW 2042

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Property Highlights

Date Sold20 Dec 2016
Floor AreaAsk Agent
Land AreaAsk Agent
ParkingAsk Agent
Property ID2013175983
Category
Last updated  7 Dec 2016
557a King Street Newtown NSW 2042
_Archived_Laing+Simmons Newtown
_Archived_Laing+Simmons Newtown

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