496 King Street, Newtown, NSW 2042

Retail

For Sale Contact Agent

  • Property ID: 397948
  • Floor Area: 185m²
  • Land Area: 120m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the node (FTTN)
RETAIL KING ST NEWTOWN

• UNDER CONTRACT
• Premium Retail Investment
• Current Use - Licensed Turkish Restaurant
• Lease Term 5 Years with An Option of a further 5 Years
• Gross Floor Space 185 Sqm Approx.
• Excellent Street Exposure
• Zoned Local Centre B2.
• High Ceilings throughout
• Male, Female Amenities
• Reverse Cycle Air-Conditioning


The shop is currently operating as a Turkish restaurant and licensed bar on a long-term lease.

This valuable retail property has a floor space of 185 sqm approx. has a modern new shop front fit-out enjoying exceptional street exposure. Excellent internal finishes and quality fittings throughout. Featuring an alfresco dining area commercial kitchen, and a bar.

This outstanding space within a highly desirable retail precinct is this unique exceptional property. Take advantage of its position within a vibrant community setting.

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.
Floorplans

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™.
  • 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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