423 King Street Newtown, NSW 2042

This freehold mixed-use building, close to Newtown Station, has something most of its neighbors lack: rear lane access with two car spaces and development upside STCA**.

King Street is undergoing a revival and the 37sqm* retail shopfront is one of the last vacant retail spaces, yours to occupy or to supplement the residential income from the remainder of the property. Above and behind the remainder of the building is leased to an accommodation provider until October 2026, holding income while you plan. Take occupation with vacant possession soon after settlement or re-lease, refurbish or reposition (STCA).

Key Features Include:
- Land 162sqm*| Building 149sqm*
- E1 Local Centre | 100% Freehold title
- Retail 37sqm* fronting King Street, vacant
- Residential 112sqm* first floor and ground-floor rear
- 4 rooms with shared amenities, leased to accommodation provider (Exp: Oct-26)
- RLA off Station Street, 2 parking spaces
- Moments to Newtown Station, 5km* to the CBD
Contract of sale and information memorandum available on request.

Inspections: Thursdays 12 noon to 12:30pm, Saturdays 11:30am to 12 noon. Pre-inspection confirmation essential.

Auction: Saturday 22 August at 2pm, on site at the rear of 423 King Street, Newtown. Entry via Station Street.

Schedules Open for Inspections:
Thursday 30/7 12:00pm-12:30pm | Saturday 01/8 11:30am-12:00pm
Thursday 06/8 12:00pm-12:30pm | Saturday 08/8 11:30am-12:00pm
Thursday 13/8 12:00pm-12:30pm | Saturday 15/8 11:30am-12:00pm
Thursday 20/8 12:00pm-12:30pm | Saturday 22/8 01:00pm-01:30pm

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

*Approximatley
**Subject to Council approval