387 King Street,
Newtown, NSW 2042

Offices • Shops & Retail • Hotel, Motel & Leisure

Key property information

Land area

Floor area

Sold on

Colliers - Sydney South

Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020

387 King Street

Newtown, NSW 2042

Map of 387 King Street

Directions

PREMIUM INVESTMENT WITH HOTEL LICENCE

Total Area: 784m²*
Multinaitonal Tenant
Hotel Licence

Colliers International has the privilege to present to the market 387 King Street, Newtown via Private Treaty.

Key Features:

- Total Area of 784m²*
- Leased to multinational tenant
- Dual street frontage
- Net Income of $244,898* + GST p.a
- Hotel licence
- 3% increases
- Excellent main street exposure with dual street frontage, enjoying busy pedestrian flow day & night
- Only 260 m* to Newtown station

For Further information and to arrange an inspection please contact the exclusive sales agents:

Michael Crombie
04129030...

Joseph Lin
0452 070 9...

* Approximately

Newtown, 2042 demographic data

The median household income for Newtown is $2,330, 12% higher than Greater Sydney's household income of $2,077. Newtown has a younger age profile compared to the rest of Greater Sydney (median age 34 vs 37). Property ownership data shows 56% of property owners in Newtown have a mortgage.

14,690

Population

$2,330 per week

Median household income

34 years

Median age

Renters

Most residents

Families

Most households

Colliers - Sydney South

Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020