Newtown NSW 2042
- 90 m²
- For Sale, UNDER OFFER
UNDER OFFER - BUDGET RETAIL INVESTMENT + 2 Secure Car Spots
UNDER OFFER - DEFINITE SALE REQUIRED-Large Retail Shop located in busy King St, Newtown having excellent street exposure, and loads of passing pedestrian traffic. Positioned metres away from the Iconic Marlborough Hotel. Currently leased as a Beauty Salon on a new 4 X 4 X 3-year lease commencing 15th Oct 2018. Current rent is $50,000 per annum + GST with 3% to 4% annual rental increases. This property offers great exposure. Nestled in busy, bustling KING STREET. This is a unique opportunity to secure a prominent retail property.
The premise consists of retail/commercial space, two secure car spaces, internal kitchen with dishwasher. The total area on the title is 119 sqm. with a frontage of approx 4.6m.
|Floor Area||90 m²|
|Land Area||119 m²|
|Energy||0-star NABERS Energy rating|
|Annual Return||Ask Agent|
|Last updated||12 Dec 2019|