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2-4 King Street
Newtown NSW 2042
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Sold on 22 Jun 2021

2-4 King Street Newtown NSW 2042

  • Shop & Retail
  • 269 m²
  • Sold, $3,100,000

The Gateway to Newtown

A once in a generation opportunity to purchase this corner freehold building at the entry to King Street, Newtown and in the heart of the Educational precinct of Newtown. Situated on a 190 sqm (approx.) block of land, this two level mixed use building is home to Double Barrel Roaster, one of Newtown's most flourishing and popular cafes, whom operates multiple sites around Sydney's Inner West. Currently configured as creative office spaces, the rear of the ground floor, along with the first floor of the building, offers further opportunity to expand the income stream, by continuing to utilise the space under its current use or converting to a residential accommodation. Furthermore, the property has secure parking, a rare commodity in Newtown, a loft area for extra storage space and a beautiful outdoor courtyard.

Surrounded by institutions that include The University of Sydney, The Royal Prince Alfred Hospital, Moore Theological college and a stone's throw from Broadway and the CBD, this is truly an opportunity that cannot be missed.

Key Features:

Established Operator with Multiple Locations
Fully Leased Income $140,000.00 (Approx.) + GST
Current Income $70,000.00 (Approx.) + GST
Secure off Street Parking
Income Growth

The Auction will be held on Tuesday 22nd June 2021 at 10:30am at Auctionworks - 50 Margaret Street, Sydney NSW 2000

The property will be open for inspection on:
Wednesday 9th June 11-11:30am
Wednesday 16th June 11-11:30am

AUCTION

Auction date and time22/06/2021 10:30
Auction location50 Margaret Street, Sydney NSW 2000
Belle Property Commercial - Inner West/City Fringe
Belle Property Commercial - Inner West/City Fringe
Level 1, 2-4 King Street
Newtown, NSW 2042

Property Highlights

Date Sold22 Jun 2021
Sold Price$3,100,000
Floor Area269 m²
Land Area190 m²
ParkingAsk Agent
Property ID2017022814
Category
Last updated  22 Jun 2021
Map for 2-4 King Street Newtown NSW 2042

Nearest transport* to 2-4 King Street Newtown NSW 2042

Bus
Train
Tram
Ferry
King St After Queen St95 m
King St At Carillon Av102 m
King St Opp Carillon Av102 m
King St Opp Georgina St172 m
This data is © 2024 Transport for NSW, licenced under CC BY 4.0.
*Within a 4km radius
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Belle Property Commercial - Inner West/City Fringe
Belle Property Commercial - Inner West/City Fringe
Level 1, 2-4 King Street
Newtown, NSW 2042

Property Highlights

Date Sold22 Jun 2021
Sold Price$3,100,000
Floor Area269 m²
Land Area190 m²
ParkingAsk Agent
Property ID2017022814
Category
Last updated  22 Jun 2021

Co-Agents

Rocco Tripodi
Rocco Tripodi
Belle Property Commercial - Inner West/City Fringe
Call
0407 771 655
Andrew Bozza
Andrew Bozza
Belle Property Commercial - Inner West/City Fringe
Call
0419 110 099

More about 2-4 King Street Newtown NSW 2042

2-4 King Street Newtown NSW 2042 is categorized as Shop & Retail Property. It has a floor area of 269 m² and a land area of 190 m². The listing ID for this property is 2017022814.

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