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403-405 King Street Newtown NSW 2042

  • Shop & Retail
  • 321 m²
  • For Sale, Private Treaty

For Sale: A Prime Investment Opportunity along the Iconic King Street

    - Rare opportunity to secure a two-storey freehold asset offering ground floor retail & 4 bedroom residential apartment above
    - Net Lettable Area of 321 sqm* plus exclusive outdoor seating area and valuable on-site secure parking for two cars
    - Fully redeveloped in 2019
    - 100% leased to experienced multi restaurant tenant and proven accommodation operator
    - Net Income of $289,706* + GST p.a. on a 5 year and 4 year lease, with up to 4% rent increases
    - Strategically positioned within Australias first Vegan Strip in a tightly held precinct along Sydneys most attractive shopping & dining street.
    - Excellent main street exposure with dual street frontage, enjoying busy pedestrian flow day & night.
    - Only 200 m* to Newtown Station

    For Sale via Private Treaty.

    Property Highlights

    Property ID2016343678
    Floor Area321 m²
    Land Area259 m²
    ParkingOn site parking available
    Building TypeWhole building
    Annual ReturnAsk Agent
    Last updated  24 Sep 2020
    Map for 403-405 King Street Newtown NSW 2042
    Map for 403-405 King Street Newtown NSW 2042403-405 King Street Newtown NSW 2042
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