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Victor Kelly Estate Agents - NEWTOWN

40 King Street Newtown, NSW 2042

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40 King Street,
Newtown, NSW 2042

Shops & Retail • Development Sites & Land • Medical & Consulting

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Victor Kelly Estate Agents - NEWTOWN
Cherie Kelly

Victor Kelly Estate Agents - NEWTOWN

PO BOX 697
NEWTOWN, NSW 2042
04786805...
Victor Kelly Estate Agents - NEWTOWN
40 King Street
Newtown, NSW 2042

Map of 40 King Street

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SOLD BY VICTOR KELLY

This is a rare opportunity to acquire a substantial prime retail property currently leased to a AAA tenant trading as an IGA supermarket.

This quality property has been completely renovated by the tenant including adding a mezzanine level used as staff offices and amenities. This property is in excellent condition. Rent $315,142 + GST 4.8% yield

BRIEF SUMMARY
• Floor Space Ratio 2.0:1
• Allowable building floor space 862 sqm approx.
• Building Height limit twelve metres approx. 3 to 4 floors
• Sizable street frontage of 15 metres
• Zoned B2 Local Centre. allowable uses include Boarding houses; Commercial premises; Light industries; Medical
• Shop top housing/residential plus multiple commercial and residential uses.

FULL INFORMATION REPORT AVAILABLE ON REQUEST
The above details and figures are approximate, and purchasers should rely on their own inquiries.

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Property ID: 504300744Last Updated: 12 Oct 2023

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