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Colliers - Sydney South

403-405 King Street Newtown, NSW 2042

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403-405 King Street,
Newtown, NSW 2042

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Colliers - Sydney South
Jackson Wray

Colliers - Sydney South

Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020
Colliers - Sydney South
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

Colliers - Sydney South
Building 3, Level 8, 185-191 O'Riordan Street
MASCOT, NSW 2020

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