Generating substantial income streams this beautifully appointed modern freehold demonstrates the resilience of quality accommodation assets in well located and connected markets such as Newtown.

This commanding freehold property offers:

- 16 Self Contained next generation apartments over three levels is serviced via internal lift and complemented with communal areas

- Ground floor retail shop leased to well renowned local business, Pistou

- Net Income – fully leased basis of $319,581 per annum* with potential to improve significantly

- Building Area of 476 m²*

- Land Area of 342.5 m²*

- Exceptional Modern Design with highly sought-after communal areas and value-add amenities

- Moments to St. Peters Train Station, Sydney’s Tertiary Education precinct and key infrastructure projects

- Positioned within Sydney’s premier lifestyle precinct surrounded by retail, restaurants & cafes

- Diverse & multiple income streams with potential to improve further

- Significant depreciation benefits available

- Valuable onsite secure parking

601 King Street, Newtown will be offered for sale by way of Public Online Auction on Thursday, 23 September 2021 at 10:30am (AEST).

For further details, please contact Ari Danas of Danas Property or Miron Solomons and Matt Pontey of Colliers International.


^ Please note a virtual inspection of the property is available or via private one on one in keeping with the government guidelines.
* Approximately