Newtown, NSW 2042

Retail | Medical | Showrooms

For Sale Contact Agent

  • Property ID: 380278
  • Floor Area: 117m²
  • Land Area: 117m²
  • Occupancy: Vacant
BUDGET RETAIL INVESTMENT ON KING ST NEWTOWN

A unique opportunity for an investor to purchase this BUDGET retail property situated in Newtown's dynamic shopping strip of King Street. FULL PROPERTY REPORT AVAILABLE ON REQUEST.

Current lease expires 30th July 2025 with annual rent increases of 3%
• Internal width 11.0 metres approx.
• Frontage 8.5 metres approx.
• Retail floor space 89 square metres.
• Ducted ventilation.
• Reverse Cycle ducted air-conditioning.
• Secure parking for 2 Cars (28 sqm 1 Space available for lease).
• Zoned B2 Local Centre.
• Local Council Inner West Council (Formerly Marrickville Council).
• Being sold as a going concern.

Newtown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Offices $8739 $480 5.49%
Industrial --- $504 ---
Retail $9301 $510 5.48%
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.

Property Detail Notes:

  • 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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