153A King Street,
Newtown, NSW 2042

Shops & Retail • Hotel, Motel & Leisure

Key property information

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Parking info

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Map of 153A King Street

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BAR/RESTAURANT "AAA" INVESTMENT & LOCATION

WINNER 2011 BEST SMALL BAR - CITY OF SYDNEY BUSINESS AWARDS

2 storey building in high pedestrian location only 2 doors from the landmark "Marlborough Hotel" and "Kulettos Bar" on busy King Street.

* 5year + 5year lease to popular established "Corridor" bar/restaurant

* Rental $117,000 p.a + GST with annual reviews.

* Rear street access

* Zoned General Business.

* Future value-add potential

* Absolute prime location assured growth investment.

Rare opportunity for prudent investor to acquire a well positioned building in Sydney's busy & ever popular King Street retail strip.

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

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Most residents

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Most households