253 King Street,
Newtown, NSW 2042

Shops & Retail • Medical & Consulting • Other

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Map of 253 King Street

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SOLD @ AUCTION

PRIME KING STREET RETAIL PLUS 3 BEDROOM FLAT. 1st time offered in over 20 years! and features valuable rear car access/loading dock. Subject to current lease. An outstanding location next to the popular Dendy Cinema complex and surrounded by major tenancies such as; Commonwealth Bank, Westpac, NAB, St George Bank, Holy Sheet, IGA, Dangerfield, Wow Cow, Chemist Warehouse and Telstra. This 3 storey freehold consists of large retail shop + 3 bedroom self-contained apartment in need of some TLC. Building area is approximately 250sqm and land area is 142sqm. Located in the best position on King Street and with Marrickville Municipal Council car park at rear. A UNIQUE OPPORTUNITY! : Approximate statutory outgoings per annum; Council Land Rates $7,972 Land Tax (single holding) $6,884 Water Rates $1,620

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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