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Ray White - Ray White Surry Hills | Alexandria | Glebe | Erskineville

Retail Shop, 480 King Street Newtown, NSW 2042

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Retail Shop, 480 King Street
Newtown, NSW 2042

Shop & Retail

Price information

Sale

For Sale

Floor area

275.0m²

Tenure type

Vacant Possession

0424 *** ***
Ray White - Ray White Surry Hills | Alexandria | Glebe | Erskineville
Retail Shop, 480 King Street
Newtown, NSW 2042

Map of Retail Shop, 480 King Street

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Flagship F&B Investment in the heart of Newtown

- Prime 275 sqm high exposure Retail / Food and Beverage trader
- Long term / secure lease to long time experienced operator in Newtown
- Positioned in the heart of King St moments from station
-26/480 King Street is a a flagship strata retail / F&B investment
-Leased to renowned Nefeli Greek Restaurant from June 2017 on a 5+5 year lease term



-275 sqm* of lettable area including exclusive outdoor alfresco seating area (rare to find on King Street)

-Current passing rent annually $114,660.00 approx + GST. Outgoings provided upon request.
- immediate vicinity includes an abundance of amenities such as Newtown Station, schools, Enmore Theatre, Newtown shopping mall to name a few.
-Opportunity to invest in a high yielding commercial investment in Sydney's most highly sort after retail precinct (and / or potential occupy in the form of business sale for a savvy F&B operator)
*Approx

Contact:
Matt Otway 0424 199 009
Ercan Ersan 0423 941 112

Property ID: 503338138Last Updated: 11 Dec 2019

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Matt Otway

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Matt Otway
Ray White - Ray White Surry Hills | Alexandria | Glebe | Erskineville
Retail Shop, 480 King Street Newtown, NSW 2042

Hi,
I’m interested in this property. Could you please provide me with more information.

Kind Regards,

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  • Matt Otway

    Matt Otway

    Ray White - Ray White Surry Hills | Alexandria | Glebe | Erskineville
    0424 *** ***