590, 592, 594 King Street,
Erskineville, NSW 2043
Shops & Retail
Price information
Sale - Auction Mon 25 Nov
Auction
Key property information
Land area
Floor area
Tenure type
Auction
Private inspections
to arrange a private inspection.
Belle Property Commercial - Inner West / City Fringe
Level 1, 2-4 King StreetNEWTOWN, NSW 2042
590, 592, 594 King Street
Erskineville, NSW 2043
Map of 590, 592, 594 King Street
Train stations within 5 km of 590, 592, 594 King Street, Erskineville, NSW 2043 Distance St Peters Station 312 m Erskineville Station 639 m Newtown Station 691 m Macdonaldtown Station 990 m Sydenham Station 1.8 km POWERED BY HERE ©Tram stops within 5 km of 590, 592, 594 King Street, Erskineville, NSW 2043 Distance Glebe Station 3.1 km Central Chalmers Street 3.3 km Surry Hills Light Train Station 3.4 km Paddy's Markets Light Rail Station 3.4 km Central Station Light Rail 3.4 km POWERED BY HERE ©Bus stops within 5 km of 590, 592, 594 King Street, Erskineville, NSW 2043 Distance King St at Dickson St 47 m King St Before Union St 63 m King St After Lord St 250 m Matt Hogan Reserve, Alice St 258 m King St at Concord St 275 m POWERED BY HERE ©
POWERED BY HERE ©
3 Individual Lots, with 3 Retail Shops & 3 Residences
Located on the corner of King and Union Street, Erskineville, this is an opportunity to acquire three individual lots in one line, ideal for an investor or occupier looking to secure a prime mixed-use property in Sydney's premier retail, entertainment, and lifestyle location.
These three (3) individual lots, consist of three retail shops, currently amalgamated into one and occupied by Industrie Clothing on a short-term basis. There is potential to unlock additional value by reconfiguring the space back into three (3) separate shops, capitalising on the high demand for retail space along the King Street precinct.
In addition, there are three 3-bedroom units over two levels, which have recently undergone significant refurbishment. The units feature stone benchtops, air-conditioning, polished floorboards, and other high-quality finishes. With high ceilings, spacious upper-level bedrooms, private access, and large courtyards, these units provide premium rental returns and minimal vacancy.
Key Benefits
- Corner Position, High Visibility
- Land Size 372sqm (Dual Access)
- Total Floor Area 360sqm (Approx.)
- FSR 1.5:1, E1: Local Centre Zoning
- Current Income $279,000 + GST (Approx.)
- Three (3) Individual Lots
- Three 33sqm Retail Shops (currently amalgamated)
- Three Dual Level 3 bdr Residences
The property will be open for inspection Fridays 10:00am - 11:00am
The Auction will be held on Tuesday 26th November 2024 at 10:30am
Location: Auctionworks - 50 Margaret Street, Sydney NSW 2000
These three (3) individual lots, consist of three retail shops, currently amalgamated into one and occupied by Industrie Clothing on a short-term basis. There is potential to unlock additional value by reconfiguring the space back into three (3) separate shops, capitalising on the high demand for retail space along the King Street precinct.
In addition, there are three 3-bedroom units over two levels, which have recently undergone significant refurbishment. The units feature stone benchtops, air-conditioning, polished floorboards, and other high-quality finishes. With high ceilings, spacious upper-level bedrooms, private access, and large courtyards, these units provide premium rental returns and minimal vacancy.
Key Benefits
- Corner Position, High Visibility
- Land Size 372sqm (Dual Access)
- Total Floor Area 360sqm (Approx.)
- FSR 1.5:1, E1: Local Centre Zoning
- Current Income $279,000 + GST (Approx.)
- Three (3) Individual Lots
- Three 33sqm Retail Shops (currently amalgamated)
- Three Dual Level 3 bdr Residences
The property will be open for inspection Fridays 10:00am - 11:00am
The Auction will be held on Tuesday 26th November 2024 at 10:30am
Location: Auctionworks - 50 Margaret Street, Sydney NSW 2000
Property ID: 504721748Last Updated: 25 Oct 2024
Belle Property Commercial - Inner West / City FringeLevel 1, 2-4 King Street
NEWTOWN, NSW 2042
NEWTOWN, NSW 2042