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597 King Street Newtown NSW 2042

  • Shop & Retail
  • 708 m²
  • For Sale, Contact Agent

PRICE REDUCED - INVESTMENT WITH AN EDGE

    Freehold investment property situated on a corner location with 3 frontages, containing a massive floor area of 708 m2.
    New 10 X 5 X 5 Year Lease in place returning a true net rental income of $290,000 + GST per annum with annual rental increases. THE TENANT IS UP TO DATE WITH RENT AND OUTGOING PAYMENTS.
    This property is undoubtedly situated in an excellent position on King Street and takes full advantage of the new 3,500 residential unit developments that are in close proximity.
    King Street Newtown is an iconic shopping and entertainment destination the perfect place to invest. TRULY A RARE INVESTMENT OPPORTUNITY.

    Property Highlights

    Property ID2016131257
    Floor Area708 m²
    Land Area354 m²
    ParkingAsk Agent
    Annual ReturnAsk Agent
    AvailabilityTenanted
    Category
    Last updated  23 Oct 2020
    Map for 597 King Street Newtown NSW 2042
    Map for 597 King Street Newtown NSW 2042597 King Street Newtown NSW 2042
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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

    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

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