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Newtown NSW 2042

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

AFFORDABLE RETAIL INVESTMENT ON KING ST NEWTOWN

Ideal for Superannuation investment with a current rent $53,181 per annum Plus GST. The tenant has been trading since 2015 and has signed a new lease 3 X 3-years commencing on 4th November 2019 with 3% annual increases. This property offers great exposure and an excellent street frontage of approximately 5 metres. Suitable for all types of retail and commercial uses. Nestled in busy, bustling KING STREET. This is a unique opportunity to secure a prominent retail investment property of approximately 97 square metres with one secure undercover parking space on title. Located in Newtown's prestige retail precinct, only metres from iconic Marlborough Hotel.

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Property Highlights

Property ID2016147635
Floor Area83 m²
Land Area97 m²
Energy0-star NABERS Energy rating
Parking1 x Onsite parking
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  7 Jul 2020
Map for Newtown NSW 2042
Map for Newtown NSW 2042Newtown 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*

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Victor Kelly Estate Agents
Po Box 697 Newtown NSW 2042

Inspections are still happening

Reach out to the agent to arrange a private or online viewing

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