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480 King Street Newtown, NSW 2042

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480 King Street,
Newtown, NSW 2042

Medical & Consulting • Shops & Retail

Key property information

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Map of 480 King Street

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GREAT INVESTMENT WITH LOTS OF POTENTIAL AND ENDLESS OPTIONS

This attractive strata titled shop occupying the entire ground floor presents a wonderful investment opportunity for the astute investor or ideal to owner occupy, possible to subdivide into four lots subject to council and strata approval, positioned in a growing and popular high yielding, high demand location with an enormous frontage of approximately 20 metres enjoying premium street exposure with 245sqm of flexible floor area the possibilities are endless.

It also boasts an undercover shop front patio area registered on title enhancing street appeal offering unique outdoor alfresco dining and display possibilities.

With high pedestrian flow both day and night, it would be ideally suited for a restaurant, entertainment bar or cafe (existing use rights STCA), but also offers the perfect opportunity for retail and any other growing business's requiring this amount of space.

Currently these premises include separate toilet amenities for women and men, commercial kitchen facilities and bar area plus two car spaces registered on title having a combined area of 28sqm.

Approximately 500 metres from Newtown train station and next door to Newtown High School of Performing Arts surrounded by boutique shops, many enticing cafes and restaurants, bars and vibrant night life entertainment venues and much more.

Owners say sell LETS NEGOTIATE

Additional information

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
04086799...
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480 King Street
Newtown, NSW 2042

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