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216 King Street Newtown, NSW 2042

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216 King Street,
Newtown, NSW 2042

Shops & Retail • Offices • Medical & Consulting

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Map of 216 King Street

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SOLD BY Victor Kelly 0419 212 810

PRIME RETAIL ON KING
Develop, invest or occupy. Requires refurbishment but has loads of redevelopment potential. Large 140 sqm land with floor space of approximately 280 sqm.
This valuable two storey retail building consists of; Ground Floor divided into two retail shops, one currently operating as a Barber Shop (approximate size 14.5 sqm) on an expired lease and the second shop space (approximate size 125.5 sqm) . First floor consists of 5 various sized rooms and an original bathroom (approximate size 140sqm) all vacant. The property also has the benefit of a rear lane with potential for car access/loading dock.
A unique opportunity for either an investor or owner-occupier to purchase in this most sought-after location. Situated in the heart of Newtown’s dynamic shopping strip and surrounded by established traders including; Dendy Cinema complex, cafes, restaurants, galleries, fashion boutiques, specialty shops, professional services and lively Hotels. Located in close proximity to Newtown Railway Station, Sydney University, RPA, Broadway, UTS and Sydney’s CBD.

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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
Renters
Most residents
Families
Most households
02 9747 11...
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216 King Street
Newtown, NSW 2042
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50 The Boulevarde
STRATHFIELD, NSW 2135

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