423 King Street Newtown, NSW 2042

Don't miss out. This freehold mixed-use building near Newtown Station goes to auction Saturday 22 August. With strong rent reversion potential, rear lane parking for two cars and development upside^, 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.

Auction: Saturday 22 August at 2pm, on site at the rear of 423 King Street, Newtown. Entry via Gentle Lane, off Station Street. (Final inspection opportunity 30 minutes prior.)

Final Open for Inspections:

• Tuesday 18/8 2:30 pm to 3:00 pm
• Thursday 20/8 12:00 pm to 12:30 pm
• Saturday 22/8 1:30 pm to 2:00 pm

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