Colliers & Victor Kelly Estate Agents are excited to offer 557 King Street, Newtown to market for Sale via Expressions of Interest closing 3:00pm on Thursday, 18th July, 2024.

Embrace the vibrant lifestyle of Newtown with this unique, north-facing, mixed-use property at 557 King Street. Perfectly positioned at the south end of the street, this property combines commercial and residential spaces on separate titles, offering unmatched versatility and investment potential.

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The commercial space features exposed brickwork, high ceilings, and polished concrete floors. It includes a kitchenette, powder room, air-conditioning, security alarm and is NBN ready. With bus stop at entry, it benefits from high visibility, foot traffic and ample street parking in adjacent streets.

Apartment
The spacious 118sqm* two-level apartment offers comfort and style.
The upstairs level has original Kauri pine flooring, a full bathroom and three oversized bedrooms , two airconditioned and one with substantial built in wardrobe. The downstairs level comprises an open plan kitchen, living and dining area and is fully airconditioned. Also at ground level is a separate laundry, W/C and private outdoor courtyard / parking.

The location is unbeatable, just 3.7km* from Sydney CBD, and situated in one of Sydney’s most popular, entertainment and retail precincts.

A fantastic opportunity awaits the savvy investor, renovator, or future owner-occupier to capitalise on this unique dual titled property.

Property highlights
- Dual income streams
- High exposure position with a King street frontage
- Rare King street strata’d property , no strata fees
- Multiple investment opportunities
- Flexible1 local centre zoning with a 1.5 : 1 FSR
- Land area 147sqm*.
- Building area 168 sqm*.
- Easy access to public transport
- Rear lane access
- Gross income approaching $90,000

For more information don’t hesitate to contact the listing agents.

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