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Belle Property Commercial - Inner West / City Fringe

590, 592, 594 King Street Erskineville, NSW 2043

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590, 592, 594 King Street,
Erskineville, NSW 2043

Shops & Retail

Price information

Sale - Auction Mon 25 Nov

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Belle Property Commercial - Inner West / City Fringe
Andrew Bozza
Rocco Tripodi

Belle Property Commercial - Inner West / City Fringe

Level 1, 2-4 King Street
NEWTOWN, NSW 2042
Belle Property Commercial - Inner West / City Fringe
590, 592, 594 King Street
Erskineville, NSW 2043

Map of 590, 592, 594 King Street

Directions
  • Train stations within 5 km of 590, 592, 594 King Street, Erskineville, NSW 2043Distance
    St Peters Station312 m
    Erskineville Station639 m
    Newtown Station691 m
    Macdonaldtown Station990 m
    Sydenham Station1.8 km
    POWERED BY HERE ©
  • Tram stops within 5 km of 590, 592, 594 King Street, Erskineville, NSW 2043Distance
    Glebe Station3.1 km
    Central Chalmers Street3.3 km
    Surry Hills Light Train Station3.4 km
    Paddy's Markets Light Rail Station3.4 km
    Central Station Light Rail3.4 km
    POWERED BY HERE ©
  • Bus stops within 5 km of 590, 592, 594 King Street, Erskineville, NSW 2043Distance
    King St at Dickson St47 m
    King St Before Union St63 m
    King St After Lord St250 m
    Matt Hogan Reserve, Alice St258 m
    King St at Concord St275 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

Property ID: 504721748Last Updated: 25 Oct 2024

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