283 Australia Street,
Newtown, NSW 2042
Shops & Retail
Key property information
Land area
Floor area
Zoning
Tenure type
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Map of 283 Australia Street
LONG TERM RETAIL INVESTMENT
Operating as a Café Restaurant over 3 levels for over 11 years. Current rent $118,000 + GST pa.
This is an exceptional property having 3 frontages. Currently leased on a 5 year lease with annual rental increases of 3%.
This property is completely setup as restaurant, features; full commercial kitchen, grease trap, exhaust ducting, extractors, polished timber floors, high ceilings, air conditioning and down lights. What more could you ask for. This is a rare chance to secure a fully leased retail property in this tightly held retail/residential precinct.
This is an exceptional property having 3 frontages. Currently leased on a 5 year lease with annual rental increases of 3%.
This property is completely setup as restaurant, features; full commercial kitchen, grease trap, exhaust ducting, extractors, polished timber floors, high ceilings, air conditioning and down lights. What more could you ask for. This is a rare chance to secure a fully leased retail property in this tightly held retail/residential precinct.
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
283 Australia Street
Newtown, NSW 2042
Victor Kelly Estate Agents - NEWTOWNPO BOX 697
NEWTOWN, NSW 2042
NEWTOWN, NSW 2042
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