Share this property

realcommercial.com.au

416 King Street Newtown, NSW 2042

Directions

416 King Street,
Newtown, NSW 2042

Shops & Retail

Price information

Sold

Contact Agent

Detailed listing

Key property information

Land area

Floor area

Car spaces

Zoning

Tenure type

Sold on

Map of 416 King Street

Directions

SOLD BY Victor Kelly 0419 212 810

A unique opportunity for an investor to purchase this refurbished three level retail/residential property situated in Newtown’s dynamic King Street shopping strip.
The unbeatable combination of retail and residential makes this property a solid and sound investment. The ground and lower ground floors contains; 4 restaurant seating sections, full commercial kitchen with grease trap and ducted ventilation. The restaurant features substantial dining space, excellent facilities, and a lock up garage with rear lane access. The first floor contains a separate design driven 2 bedroom apartment with open plan living area which flows to an entertaining deck. Features; sun room, sky-lit bathroom, gas kitchen and internal laundry.
A solidly constructed building with concrete slab floors and being footsteps to buses, eateries, boutiques, and venues. Currently operating as a licensed wine bar/restaurant.
This quality investment property is currently returning approx. $136,199 per annum + GST with annual rent increases of 4% per annum. NOTE ALL AREAS ARE APPROXIMATES.

Additional information

Property ID: 502248518Last Updated: 8 Apr 2017

02 9569 48...
realcommercial.com.au logo
416 King Street
Newtown, NSW 2042

Detailed listing

Kellys Property - Newtown
193-195 Parramatta Road
ANNANDALE, NSW 2038
progress tick

Sending email...

Make an enquiry

What's your enquiry about?

Message

Enter your details

Name (required)
Email address (required)
Phone number
Comment

Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Similar properties

Other properties you might be interested in based on the location and property type you are looking at.