203-205 King Street,
Newtown, NSW 2042

Shops & Retail • Development Sites & Land

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Map of 203-205 King Street

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2 Street frontage
B2 - Local Centre zoning

Ideally positioned in the heart of the vibrant Newtown retail strip with high volume day & night pedestrian traffic plus close proximity to Royal Prince Alfred Hospital, Sydney University and 500m to Newtown station.
With two shops on one title and occupying a substantial 462m2 site with 2 street frontages there is ample opportunity to value add.
Present improvements include:
203 King St – Ground floor ‘Ogalo’ take away shop
1/203 King St – 1st floor 2 bedroom apartment
205 King St – Ground floor chemist shop with 1st floor storage
Rear 203-205 - open car park with 6 car spaces accessed via Mechanic Street.

The current B2 - Local Centre zoning allows for (subject to council approval) a number of uses including shop top housing, boarding houses, commercial premises and more.

With the current FSR under-utilised, there is scope to add to the existing or to re-develop to increase the yield in this desirable Newtown location.

Property ID: 503786534Last Updated: 20 Jun 2021

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