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283 Australia Street Newtown NSW 2042

  • Shop & Retail
  • 150 m²
  • For Sale, UNDER CONTRACT (under offer)

LONG TERM RETAIL INVESTMENT

Operating as a Café Restaurant over 3 levels for over 11 years. Current rent $118,000 + GST pa.

This is an exceptional property having 3 frontages. Currently leased on a 5 year lease with annual rental increases of 3%.

This property is completely setup as restaurant, features; full commercial kitchen, grease trap, exhaust ducting, extractors, polished timber floors, high ceilings, air conditioning and down lights. What more could you ask for. This is a rare chance to secure a fully leased retail property in this tightly held retail/residential precinct.

Address283 Australia Street Newtown NSW 2042
ZoningB1 Neighbourhood Centre
CouncilINNER WEST COUNCIL
We try our best to keep zoning info up to date but can never guarantee it's accurate or complete. Check directly with the relevant council to verify any zoning information.
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Property Highlights

Property ID2015434847
Floor Area150 m²
Land Area110 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  15 Dec 2019
Map for 283 Australia Street Newtown NSW 2042
Map for 283 Australia Street Newtown NSW 2042283 Australia Street Newtown NSW 2042
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    Valiant

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  • Purchase Price

    $
    1,234,567

  • Deposit available

    $
    123,456

  • Loan term

    30
    years

  • Interest rate

    3.00
    %

repayments

$0/month*

Find out your loan options

Our partners at Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

Victor Kelly Estate Agents
Po Box 697 Newtown NSW 2042

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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