514 King Street,
Newtown, NSW 2042
Shops & Retail • Other
Price information
Sold
$1,705,000
Key property information
Land area
Floor area
Zoning
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X Commercial - Mascot
Suite 10.01/289 King StreetMASCOT, NSW 2020
04164791...
514 King Street
Newtown, NSW 2042
Map of 514 King Street
SOLD PRE-AUCTION!
- Retail and Residential Investment
- Retail Laundromat
- 2 Bed Apartment with King Street Access
THE OFFERING
X Commercial and Ray White Erskineville are pleased to bring this fully leased mixed-use retail and residential property to market via Auction on 7th December 2021.
The property sits on 125m2 of land with private lane access via the rear courtyard. The retail shop has a long-term laundromat tenant with a recently renovated 2 bedroom apartment above. Total building area is 160m2 (approx.). There's potential to value add with a second residential apartment or convert the retail and courtyard to a restaurant (STCA).
X MARKS THE SPOT
514 King Street is on the Erskineville side of the vibrant south King Street strip. This colourful and dynamic area brings a wide range of visitors from diverse backgrounds attracted to the bars, restaurants and shops that line the street between Newtown Station (500m) and Sydney Park (650m).
X-FACTORS
- Retail and Residential Investment
- 2 Bed Apartment with King Street Access
- Zoned Local Centre B2
- Value-add Potential to Renew or Refresh
- Gross Floor Space 160sqm (approx.)
Auction Details - Tuesday 7th December 2021 @ 10:30am.
For further details, arrange an inspection or for a copy of the information memorandum, please contact the below exclusive selling agents.
CONTACT
Tony Crane - X Commercial
0416 479 1...
Timothy Gorring - Ray White Erskineville
0438 822 281
X Commercial and Ray White Erskineville are pleased to bring this fully leased mixed-use retail and residential property to market via Auction on 7th December 2021.
The property sits on 125m2 of land with private lane access via the rear courtyard. The retail shop has a long-term laundromat tenant with a recently renovated 2 bedroom apartment above. Total building area is 160m2 (approx.). There's potential to value add with a second residential apartment or convert the retail and courtyard to a restaurant (STCA).
X MARKS THE SPOT
514 King Street is on the Erskineville side of the vibrant south King Street strip. This colourful and dynamic area brings a wide range of visitors from diverse backgrounds attracted to the bars, restaurants and shops that line the street between Newtown Station (500m) and Sydney Park (650m).
X-FACTORS
- Retail and Residential Investment
- 2 Bed Apartment with King Street Access
- Zoned Local Centre B2
- Value-add Potential to Renew or Refresh
- Gross Floor Space 160sqm (approx.)
Auction Details - Tuesday 7th December 2021 @ 10:30am.
For further details, arrange an inspection or for a copy of the information memorandum, please contact the below exclusive selling agents.
CONTACT
Tony Crane - X Commercial
0416 479 1...
Timothy Gorring - Ray White Erskineville
0438 822 281
Property ID: 503952278Last Updated: 2 Mar 2022
X Commercial - MascotSuite 10.01/289 King Street
MASCOT, NSW 2020
MASCOT, NSW 2020
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