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Belle Property Commercial - Inner West

2-4 King Street Newtown, NSW 2042

Directions

2-4 King Street,
Newtown, NSW 2042

Shops & Retail • Other • Offices

Price information

Sold

$3,100,000

Key property information

Land area

Floor area

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Belle Property Commercial - Inner West
Andrew Bozza
Rocco Tripodi

Belle Property Commercial - Inner West

Level 1, 2-4 King Street
NEWTOWN, NSW 2042
Belle Property Commercial - Inner West
2-4 King Street
Newtown, NSW 2042

Map of 2-4 King Street

Directions

The Gateway to Newtown

  • Iconic Corner Position
  • First Time Offered In 30 Years
  • Multiple Income Streams
A once in a generation opportunity to purchase this corner freehold building at the entry to King Street, Newtown and in the heart of the Educational precinct of Newtown. Situated on a 190 sqm (approx.) block of land, this two level mixed use building is home to Double Barrel Roaster, one of Newtown’s most flourishing and popular cafes, whom operates multiple sites around Sydney's Inner West. Currently configured as creative office spaces, the rear of the ground floor, along with the first floor of the building, offers further opportunity to expand the income stream, by continuing to utilise the space under its current use or converting to a residential accommodation. Furthermore, the property has secure parking, a rare commodity in Newtown, a loft area for extra storage space and a beautiful outdoor courtyard.


Surrounded by institutions that include The University of Sydney, The Royal Prince Alfred Hospital, Moore Theological college and a stone's throw from Broadway and the CBD, this is truly an opportunity that cannot be missed.

Key Features:

Established Operator with Multiple Locations
Fully Leased Income $140,000.00 (Approx.) + GST

Current Income $70,000.00 (Approx.) + GST
Secure off Street Parking
Income Growth


The Auction will be held on Tuesday 22nd June 2021 at 10:30am at Auctionworks - 50 Margaret Street, Sydney NSW 2000

The property will be open for inspection on:
Wednesday 9th June 11-11:30am
Wednesday 16th June 11-11:30am

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Property ID: 503833050Last Updated: 7 Oct 2021

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