421 king street,
Newtown, NSW 2042

Shops & Retail

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Rare King Street Shop & Residence! Tightly held for 33 years

A rare opportunity to acquire a prime commercial property with a large residence offering unlimited scope and potential to renovate, or extend (S.T.C.A). This is an excellent mixed use building with valuable off street parking for 2-3 cars.
The property is a rough diamond but have all the character of its era ready for you to restore to its former glory.

- Large expansive yard
- Offering ground floor shop with fantastic main road exposure with vacant possession
- The residence offers 3 upstairs bedrooms and an upstairs bathroom. Original period features, including woodwork and high ceilings.
- Downstairs offers lounge/dining.
- Amazing opportunity whether it be for investment, or future business opportunity.
- Zone B2 (Local centre)
- Land size approx. 171sqm
- Located in One of Sydney's liveliest retail strips. CBD is 4km from the property and Sydney Airport is merely 6km from the site

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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Most residents

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