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Knight Frank - Sydney

403-405 King Street Newtown, NSW 2042

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403-405 King Street,
Newtown, NSW 2042

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Knight Frank - Sydney
Dominic Ong
Linda Zhu
Anthony Pirrottina

Knight Frank - Sydney

Level 22 Angel Place, 123 Pitt Street
SYDNEY, NSW 2000
Knight Frank - Sydney
403-405 King Street
Newtown, NSW 2042

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SOLD: A Prime Investment Opportunity along the Iconic King Street

- Rare opportunity to secure a two-storey freehold asset offering ground floor retail & 4 bedroom residential apartment above
- Net Lettable Area of 321 sqm* plus exclusive outdoor seating area and valuable on-site secure parking for two cars
- Fully redeveloped in 2019
- 100% leased to experienced multi restaurant tenant and proven accommodation operator
- Net Income of $289,706* + GST p.a. on a 5 year and 4 year lease, with up to 4% rent increases
- Strategically positioned within Australia’s first ‘Vegan Strip’ in a tightly held precinct along Sydney’s most attractive shopping & dining street.
- Excellent main street exposure with dual street frontage, enjoying busy pedestrian flow day & night.
- Only 200 m* to Newtown Station

Property ID: 503588622Last Updated: 1 Mar 2023

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