Newtown, NSW 2042

Retail

For Sale

  • Property ID: 410790
  • Floor Area: 273m²
  • Land Area: 273m²
  • Occupancy: Vacant
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.

Newtown Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $7471 --- ---
Retail $8717 --- ---
Offices $12500 $527 4.22%
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:

  • 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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