106 King Street,
Newtown, NSW 2042
Shops & Retail • Offices
Price information
Sold
$1,350,000
Key property information
Land area
Floor area
Car spaces
Parking info
Zoning
Tenure type
Sold on
Map of 106 King Street
5% NET YEILD RETAIL - INVESTMENT KING ST NEWTOWN
HIGH RENTAL RETURN - AAA LONG TERM TENANT - EXCELLENT RETAIL LOCATION.
Large Retail Shop located in busy King St, Newtown, has excellent street exposure, and loads of passing pedestrian traffic. leased as of 01/12/2022 at $89,115.00 + GST per annum with 3% annual rental increases. This property offers excellent exposure. Nestled in busy, bustling King Street. This is a unique opportunity to secure a prominent retail property.
The premise consists of retail/commercial space, and one secure car space. The total area on the title is 95 sqm with a frontage of approx 4.6 metres.
FEATURES:
• Premium Retail Investment
• Lease Term 5 Years with An Option of a further 5 Years
• Zoned Local Centre B2.
• City of Sydney Council LGA
• Air-Conditioning
• Prime Location
• AAA Tenant
• 5% net yield approx.
Large Retail Shop located in busy King St, Newtown, has excellent street exposure, and loads of passing pedestrian traffic. leased as of 01/12/2022 at $89,115.00 + GST per annum with 3% annual rental increases. This property offers excellent exposure. Nestled in busy, bustling King Street. This is a unique opportunity to secure a prominent retail property.
The premise consists of retail/commercial space, and one secure car space. The total area on the title is 95 sqm with a frontage of approx 4.6 metres.
FEATURES:
• Premium Retail Investment
• Lease Term 5 Years with An Option of a further 5 Years
• Zoned Local Centre B2.
• City of Sydney Council LGA
• Air-Conditioning
• Prime Location
• AAA Tenant
• 5% net yield approx.
Additional information
External websites
Property ID: 504256624Last Updated: 27 Sep 2023
Victor Kelly Estate Agents - NEWTOWN
PO BOX 697NEWTOWN, NSW 2042
106 King Street
Newtown, NSW 2042
Victor Kelly Estate Agents - NEWTOWNPO BOX 697
NEWTOWN, NSW 2042
NEWTOWN, NSW 2042
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