Address available on request,
Newtown, NSW 2042
Shops & Retail
Key property information
Land area
Floor area
Car spaces
Zoning
Tenure type
Sold on
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RETAIL SUIT OWNER OCCUPIER OR INVESTOR
PRIME RETAIL ON KING - 30 M FRONTAGE
A unique opportunity for an investor or owner occupier to purchase this property which is situated in Newtown's dynamic shopping strip of King Street and surrounded by established traders. This valuable retail property is 273 sqm approx. has an ultra-modern fit out with superb finishes and high-quality fittings. An enormous frontage of 30 metres approx. with floor to ceiling glass panel shop front, enjoying exceptional street exposure. Boasting an alfresco dining area. This property also contains separate male/female amenities, 2 commercial kitchens, a bar, and 2 secure car spaces. The shop is currently operating as a restaurant on a short-term lease. This quality property is currently returning approx $109,000 NET + GST p.a. Newtown is a unique marketplace due to its high volume of pedestrian traffic. The perfect place to invest.
FULL REPORT AVAILABLE ON REQUEST.
A unique opportunity for an investor or owner occupier to purchase this property which is situated in Newtown's dynamic shopping strip of King Street and surrounded by established traders. This valuable retail property is 273 sqm approx. has an ultra-modern fit out with superb finishes and high-quality fittings. An enormous frontage of 30 metres approx. with floor to ceiling glass panel shop front, enjoying exceptional street exposure. Boasting an alfresco dining area. This property also contains separate male/female amenities, 2 commercial kitchens, a bar, and 2 secure car spaces. The shop is currently operating as a restaurant on a short-term lease. This quality property is currently returning approx $109,000 NET + GST p.a. Newtown is a unique marketplace due to its high volume of pedestrian traffic. The perfect place to invest.
FULL REPORT AVAILABLE ON REQUEST.
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
Victor Kelly Estate Agents - NEWTOWN
PO BOX 697NEWTOWN, NSW 2042
Address available on request
Newtown, NSW 2042
Victor Kelly Estate Agents - NEWTOWNPO BOX 697
NEWTOWN, NSW 2042
NEWTOWN, NSW 2042
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