185 King Street,
Newtown, NSW 2042

Shops & Retail • Medical & Consulting • Other

Key property information

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Map of 185 King Street

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SOLD BY Victor Kelly 0419 212 810

A unique opportunity for an investor to purchase this valuable retail property with a frontage of 6.1 metres. Situated in Newtowns dynamic shopping strip in an absolute prime position, being in the heart of King Street and surrounded by established traders including; cafes, restaurants, antique and art dealers, fashion boutiques, speciality shops, professional services, and lively Hotels. Located in close proximity to Sydney University, Royal Prince Alfred Hospital, Broadway, UTS, schools, parks and Sydney Central Business District (CBD).
This valuable two storey retail building has pedestrian rear access and consists; Ground Floor, retail shop currently operating as Local Store, First Floor, fully self-contained 3 bedroom residence which can be rented separately. This quality offering is currently returning approx $130,568 per annum +GST.

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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