Share this property

realcommercial.com.au

255 King Street Newtown, NSW 2042

Directions

255 King Street,
Newtown, NSW 2042

Shops & Retail • Other • Development Sites & Land

Price information

Sold

Contact Agent

Key property information

Land area

Floor area

Property extent

Tenure type

Sold on

Map of 255 King Street

Directions

ICONIC RESTAURANT PLUS TWO RESIDENTIAL UNITS

  • Iconic retail tenant, The Italian Bowl
  • Two double storey residential units
  • Net lettable area: 259sqm*
CBRE, as the exclusive sales agent, is pleased to present 255 King Street, Newtown. This three-storey freehold building comprises two residential units and 50% of the ground floor retail shop, tenanted by the multi-award winning restaurant, The Italian Bowl. Situated in the heart of Newtown along the bustling King Street and leased to one of the suburb’s most iconic eateries, the property is a secure investment in Sydney’s rapidly growing Inner West.

255 King Street, Newtown benefits from the following key attributes:

- Two double storey residential units plus 50% of the ground floor retail shop
- Tenanted by The Italian Bowl, winner of multiple awards including ‘Best Restaurant in the Inner West’ in the Inner West Local Business Awards
- NLA: 259sqm*
- Land area: 133sqm*
- Estimated market net income: $179,637 per annum
- Secure investment with refurbishment upside
- B2 Local Centre zoning
- Set to benefit from the future Lennox Street car park upgrade
- Burgeoning suburb with strong scope for growth
- Deceased Estate

255 King Street, Newtown will be offered for sale via public auction on Tuesday, 4 December 2018 at 10.30am.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

Property ID: 503015826Last Updated: 6 Feb 2019

realcommercial.com.au logo
255 King Street
Newtown, NSW 2042

Make an enquiry

What's your enquiry about?

Enter your details

Similar properties

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