SOLD

Exceptionally located in the heart of vibrant Newtown, this zoned mixed-use property provides a superb opportunity for numerous business, commercial or residential endeavours. Occupying a substantial 246sqm block on buzzing King Street, it features a generous lower level shopfront with a kitchen and bathroom, while the upper level comprises two oversized bedrooms. Complete with a sun washed balcony off the second bedroom plus rear lane access to a prized lock-up garage and car space, it is currently leased with consistent rental return, while there is the option for vacant possession.

• Generous dual level residence on substantial 246sqm parcel and 7.5meter
frontage to King Street.
• Zoned B2 Local Center
• Large bedrooms, second bedroom opens to sun washed balcony
• Original kitchen and bathroom, extensive internal storage
• Lower level shopfront offers outstanding potential (STCA)
• Presents exciting scope for retail/commercial endeavours
• Exciting potential to re-create one brand new property
• Rear lane access to a single lock-up garage plus car space
• Shops, cafés, buses and popular eateries at the doorstep
• Stroll to Carriageworks, Sydney University, Newtown Station

Outgoings, Council Rates $1,951.00 p/q, Water Rates $258.00p/q
50% Paid by tenant
(both approximates)

It is positioned within footsteps of shops, popular eateries, pubs and boutiques, while a stroll to Carriageworks, Sydney University, RPA Hospital and Newtown Station.