315 King Street
NEWTOWN

Blue Chip Investment Opportunity

2 bed
1 bath

Land 160m2

Building 22m2

SOLD

Auction

Thu 20 Apr 2017

SOLD

315 King Street
NEWTOWN

Blue Chip Investment Opportunity

First time offered in over 40 years, this is an outstanding investment opportunity. Located in the heart of Newtown, in a prime position amongst the most sought after retail precinct. The property is fully leased to two separate tenants, and benefits from rear access with yard and potential for off street parking STCA.

Income and Outgoings Details:

- Currently leased to two separate tenants Ground floor retail and first floor residential

- The property generates a rental income of approximately $147,890.00 per annum

- Value add opportunity with further upside

- Further income and outgoing details are stipulated in the Information Memorandum

Property Features:

- Prime property with land site of approximately 163 sqm

- Building area approximately 206 sqm

- Rear lane access with potential for parking STCA

- Zoned B2 Local Centre with Inner West Council

- Close to Newtown Train Station, Royal Prince Alfred Hospital, University of Sydney & Broadway Shopping

Inspections by appointment