Real Estate Australia

Prime Investment Opportunity in the Heart of Newtown
AUCTION: Tuesday 06-05-2025
6:30 pm  Contact Agent

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Property Location: 408-410 King Street Newtown - - NSW

Listing Id: 39P17468  

Land

Size: 305.6 Square Mtr Approx

Description: Ideal for Investors, Occupiers & Developers this property is located in the vibrant heart of Newtown, this rare property offers a prime investment opportunity with dual street access, including a large loading dock via Smith Lane. Sitting on approximately 305.6 square meters of land, the site is zoned E1 Local Centre, offering flexibility for a range of uses and future redevelopment potential (subject to council approval). With a 12-meter height limit and an FSR of 1.75:1, the possibilities for development are promising. Property Highlights: • Internal Area: Approx. 227 sqm • Large 305.6 sqm block* • Dual Street Access with loading dock via Smith Lane • Attractive E1 Local Centre Zoning with Redevelopment Potential (STCA) Current Lease Details: • Tenant: Well-established retail tenant with an annual Income Of $169,786.68 Inc GST Inclusive of Outgoings Prime Location: This property is situated in one of Newtown's most sought-after areas, surrounded by an array of vibrant cafes, restaurants, retail shops, and entertainment venues. It is within easy walking distance of the following: • Newtown Station: Approx. 350 meters Away, providing excellent access to public transport and direct train services to the Sydney CBD. • Two Local Schools: Approx 800 & 550 meters away • Public Transport: In addition to Newtown Station, the property is serviced by numerous bus routes along King Street, offering easy access to surrounding suburbs and the wider Sydney area. • Parks & Recreation: Close Proximity to Hollis Park and Sydney Park This property presents a rare opportunity that won't last long, so be quick to secure your spot! To book a private inspection or for more information, please contact: Aaron Papadimatos – 0401 549 572 or Philipp Tsiprin – 0498 388 338

Prime Investment Opportunity in the Heart of Newtown
AUCTION: Tuesday 06-05-2025
6:30 pm  Contact Agent

Contact Devine Real Estate - Marrickville Today!!!

Contact Aaron Papadimatos
Phone 0401 549 572

Contact Philipp Tsiprin
Phone 0498 388 338

Property ID:39P17468

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