42 King Street, Newtown, NSW 2042

Investment | Retail | Hotel/Leisure | Showrooms

Sold

  • Property ID: 190875
  • Floor Area: 440m²
  • Land Area: 323m²
Street View
Sold / Leased Results

Name Result Date Floor Land Result Price
Sold 07/03/2016 440m2 323m2 Contact Agent
COMMERCIAL INVESTMENT

A unique opportunity for an investor to purchase this valuable property. Situated in Newtowns dynamic shopping strip. Located in close proximity to Sydney University, Royal Prince Alfred Hospital, Broadway, UTS, schools parks and Sydney Central Business District.
The Vanguard @ Newtown is a fully licensed trendy Soho style restaurant/bar/night club with POPE approval as a live entertainment venue. This valuable commercial freehold property is leased for a 5+5 years with a rental income of approx. $185,000 pa + GST. This is an excellent opportunity to acquire a 3 level building of approximately 440 sqm of floor area and over 323 sqm of land. Zoned General Business 3A. A most sought-after commercial building. King Street, Newtown is unique, electric and caters to all individuals. TRULY A RARE FIND

Additional Information
Features
  • Zoning: General Business 3A
Newtown Suburb Profile
Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7471 --- ---
Offices $12500 $527 4.22%
Retail $8717 --- ---
This is the average advertised price, rent and yield for Newtown, NSW 2042*
Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in NSW for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
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Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • Nearby Parking - Commercial and private parking spaces available within 500 metres of 42 King Street, Newtown, NSW 2042. Powered by Parkhound. Visit their site to find out about parking spaces available near you.
  • Nearby Cafes - Number of cafes located within 500 metres of 42 King Street, Newtown, NSW 2042. Powered by Zomato. Visit their site for more information on cafes, restaurants, and bars near you.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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