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.
|Floor Area||321 m²|
|Land Area||259 m²|
|Parking||On site parking available|
|Building Type||Whole building|
|Annual Return||Ask Agent|
|Last updated||24 Sep 2020|
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Ask Linda Zhu about this property