613 King Street,
Newtown, NSW 2042

Shops & Retail • Medical & Consulting • Offices

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Map of 613 King Street

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2 STOREY SHOP & RESIDENCE

A 2 storey retail shop containing 3 bedrooms, huge lounge room, office, 2 bathrooms, 2 toilets with off street rear parking for 2 cars. This property offers enormous growth potential and loads of possibilities to improve or redevelop.
High exposure position with a huge frontage of 5 metres (approx.) to iconic King Street Newtown. Containing a total gross floor space of approximately 240sqm and a massive land area of some 200sqm(approx.) This is a tremendous opportunity for an astute investor, owner occupier to secure this valuable retail/residential property. Floor Space Ratio (FSR) 1.5 to 2.0 Allowable building floor space ranges from 300sqm to 400sqm approx. Maximum Building height limit 14 metres or 4 floors. Zoned B2 Local Centre. Numerous possible uses eg. retail, mixed residential and commercial uses etc. STCA. Land size 5.1M X 38.4M approx. This property ticks all the boxes!
PROUDLY OFFERED IN CONJUNCTION WITH VICTOR KELLY PTY LTD 0419 212 810

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

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