A unique opportunity for an investor to purchase this valuable retail property with a frontage of 6.1 metres. Situated in Newtown’s 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.