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Newtown NSW 2042

  • Retail
  • 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.

Property Highlights

Property ID2015005044
Floor Area90 m²
Land Area119 m²
Energy0-star NABERS Energy rating
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  12 Dec 2019
Map for Newtown NSW 2042
Victor Kelly Estate Agents
Po Box 697 Newtown NSW 2042

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