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Shop 1/617-623 King Street Newtown, NSW 2042

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Shop 1/617-623 King Street,
Newtown, NSW 2042

Shop & Retail • Showrooms & Bulky Goods • Offices

Price information

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Key property information

Land area

Floor area

Property extent

Tenure type

Tenanted Investment Details

Occupancy
Fully Leased
Est. Incomep.a.
$35,826
Number of Tenants
1 Tenant
Tenants / Type
Retail

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Map of Shop 1/617-623 King Street

Directions
  • Train stations within 5 km of Shop 1/617-623 King Street, Newtown, NSW 2042Distance
    St Peters Station78 m
    Erskineville Station845 m
    Newtown Station956 m
    Macdonaldtown Station1.2 km
    Sydenham Station1.7 km
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  • Tram stops within 5 km of Shop 1/617-623 King Street, Newtown, NSW 2042Distance
    Glebe Light Rail Station3.3 km
    Central Station Light Rail3.6 km
    Exhibition Light Rail Station3.7 km
    Wentworth Park Light Rail3.7 km
    Capitol Square Light Rail3.7 km
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  • Bus stops within 5 km of Shop 1/617-623 King Street, Newtown, NSW 2042Distance
    King St After Lord St17 m
    King St at Concord St53 m
    Sydney Park Rd After King St118 m
    Sydney Park Rd Before Princes Hwy141 m
    King St at Dickson St260 m
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POWERED BY HERE ©

Affordable Inner West Essential Services Investment

  • 5 year lease to 2025
  • Busy King Street location
  • 117 sqm property including 2 car spaces
Fixed 3% annual rental increases
Tenant pays outgoings, as per the lease
5 year lease to 2025 to one of Sydney’s leading retailers of dog & cat products
King Street renowned for bars, nightlife & shopping
High income suburb with above average retail spend
Nearby Sydney Park includes ‘off-leash’ dog areas
2 car parking spaces on title –lease the second for extra income
Net Income: $32,512 pa + GST

For Immediate Sale

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Property ID: 503896142Last Updated: 22 Nov 2021

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Shop 1/617-623 King Street
Newtown, NSW 2042
Burgess Rawson - Sydney
Level 18, 15 Castlereagh Street
SYDNEY, NSW 2000
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