22-24 King Street,
Newtown, NSW 2042
Shops & Retail • Medical & Consulting • Other
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FULLY LEASED RETAIL INVESTMENT
2 X 2 STOREY SHOPS ON PROMINENT CORNER LOCATION
The whole property is rented to one long term tenant.
This is a rare opportunity for an investor to acquire 2 well positioned retail properties in Sydney's busy & ever popular King Street retail strip. The two shops have been combined to form a spacious restaurant with upstairs function rooms. Floor space/building area is 240 sqm approx. NOTE: Leased at $125,000 per annum + GST on a 5 year lease with a 5 year option with rent reviews annually.
Please note each shop and residence is on a separate title adding to its capital growth potential
The whole property is rented to one long term tenant.
This is a rare opportunity for an investor to acquire 2 well positioned retail properties in Sydney's busy & ever popular King Street retail strip. The two shops have been combined to form a spacious restaurant with upstairs function rooms. Floor space/building area is 240 sqm approx. NOTE: Leased at $125,000 per annum + GST on a 5 year lease with a 5 year option with rent reviews annually.
Please note each shop and residence is on a separate title adding to its capital growth potential
Property ID: 5909476Last Updated: 28 Jun 2013
02 9569 48...
22-24 King Street
Newtown, NSW 2042
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ANNANDALE, NSW 2038
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416 King Street,Newtown, NSW 2042 360 m²Shops & Retail • Showrooms & Large Format Retail • Medical & Consulting
