Hotel/Leisure for Sale

423 King Street Newtown, NSW 2042

For Sale $1,650,000Floorplan
  • Building: 149m²
  • Land: 162m²

Contact the agent if you'd like further information.

Enquire with Agent

Hotel/Leisure for Sale in Newtown

FREEHOLD SHOP & 4BR RESIDENCE

  • Building: 149m²
  • Land: 162m²

With strong rent reversion potential, rear lane parking for two cars and add value potential, 423 King Street has appeal for investors and owner-occupiers alike.

King Street is on the rise, and the 37 sqm* retail shopfront is one of the last vacant spaces on the strip, ready to occupy or to supplement the residential income from the rest of the building. The floors above and behind are leased to an accommodation provider until October 2026, so income is secure while you plan your next move. Take vacant possession soon after settlement, or re-lease, refurbish or reposition^.

Key Features:

  • Land 162 sqm* | Building 149 sqm*
  • E1 Local Centre | 100% Freehold title
  • Retail 37 sqm* fronting King Street, vacant
  • Residential 112 sqm*, first floor and ground floor rear
  • 4 rooms with shared amenities, leased to accommodation provider (Exp: Oct-26)
  • Rear lane access off Station Street, 2 parking spaces
  • Moments to Newtown Station, 5 km* to the CBD

Contract of sale and information memorandum available on request.

Kristian Morris | 0411 415 297
Principal and Licensee in Charge
RWC Sydney City Fringe

Tony Crane | 0416 479 189
Director, Sales and Leasing
RWC Sydney City Fringe

*Approximately
^Subject to Council approval

Building:

149m²

Land:

162m² / 0.04 acres

Zone:

E1 - Local Centre

Tenancy:

Tenanted

Categories:

Hotel/Leisure, Retail, Medical/Consulting

423 King Street, Newtown, NSW 2042
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